Thank you, Madam Chair.
Professor Bartlett, I appreciate that you may not think there is a need for stimulus right now, but clearly we have infrastructure needs in this country and an infrastructure deficit that needs to be closed.
I wonder if you agree with the statement that a dollar spent on infrastructure today is better than a dollar spent on infrastructure five years from now, considering the fact of inflation and the returns on investment. Arguing that money being spent sometime in the next 10 years, some five to 10 years out, is the same thing as money being spent today is not accurate. A dollar spent today is much more powerful than a dollar spent five to 10 years from now.