We had a very good year in 2005. But it was a nervous world.
You do have a defensive consumer. If the consumer is very nervous and uncertain about what is going to be happening, you don't know how they're going to react.
The uncertainty is there. It's dissipated, but it's just below the surface and can be rekindled. It plays a part in an economy full of very nervous people.
This is a very nervous country. How much it's going to dampen the economy, I don't know, but it's hard to see people relaxed and creating a boom.