If GE's strategy of investment in China is wrong, it represents a loss of a billion dollars, perhaps a couple of billion dollars. If it is right, it is the future of this company for the next century. ↗
Cutting taxes for very high income people an average of more than $100,000 a year for people that make more than a million dollars a year is not an effective way to get the economy going. ↗
And here where the fact that we've given over half a billion dollars to New York really plays a role, because New York has already made a lot of investments in the kinds of things which you'd expect to have as basic security. ↗