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Not because there's a lot of demand for it here in the United States, but because there's so much demand for it in the emerging markets because they're growing so strongly. And actually, when you have the price of oil and other commodities going up not because of demands here in the U.S. but because of demand abroad, that can actually Elsa Peretti Open Heart bangle growth here.They can actually, under certain circumstances, force inflation down later on. Here's what you have to do. When you print money as the fed is doing now, it only creates inflation if the money gets lent by the banks and spent by the borrowers and that's not going on right now. Bank credit still contracting. And in my view, you don't worry about inflation until you see signs --

NAPOLITANO: Greg, I'll tell you what. We're going to look at the economy and two or three months from now, you'll come back. We'll see if it's better or if it's worse. You know it will Two Hearts triple bangle better to the close to Election Day. It's a pleasure. Thanks for having you on.IP: All right. Thank you.NAPOLITANO: Who's overpaid, hardworking private sector employees or so-called public servants? We've got disturbing facts. You can probably guess the answer to that one, next.(COMMERCIAL BREAK)NAPOLITANO: Love Knot bangle in the private sector see the government take a portion of their pay in the form of payroll taxes, and where does that money go? Well, besides going to out of control entitlements, it also goes to pay the salaries of government bureaucrats who, on average, make more than their equivalents in the private sector.

The Heritage Foundation just released a comprehensive report on this issue. The conclusion, no surprise, federal bureaucrats are overpaid.Here now, Jason Richwine, the co-author of the report and the senior policy analyst there. Jason, welcome here. So, who's overpaid and how much overpaid are they? Give us an example of private sector doing Tiffany 1837 bangle work, if there is such a thing, as public sector and the pay differentials.JASON RICHWINE, HERITAGE FOUNDATION: Well, again, it depends exactly on who you're talking about, but the average difference in terms of cash wages is probably somewhere in the range of 10 to 20 percent.