Madam, it's music to my ears.
Your new Prime Minister and Mr. Wegiel have talked on the issue of your domestic steel producers. Prime Minister Trudeau has talked about real unemployment in this country mirroring ours, which is roughly twice the nominal rates. Nothing in the world addresses infrastructure spending in steel, or jobs, better than an infrastructure bank. It's the panacea for resuscitating manufacturing, but it's also a tremendous boost to the real unemployment challenges our countries face.
With conviction, I can tell you that what you learned in Europe and your reactions today are in conflict. The private sector does need double-digit returns. The public sector, the fiduciary community, is very comfortable, particularly with the sort of guarantee that we have suggested might be imposed on the top. We all struggle with budget crises, and we score pitifully on this point in our country. We think we have found a way that might be advantageous to our needs as well as yours.