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>> the polling that we have seen shows that the specifics of the presidents plans which is to preserve medicare and raise taxes on the rich versus the specifics of the republicans plan which is to radically transform medicare the president wins even those specific issues but gets disapproval for his hand aling of the economy. the republicans are seen as better able to handle the deficit. the president is playing on their turf and trying to reframe the debate not from how much you gut the deficit but how do you go about cutting the deficit. one of the things of people's pessimism about the economy and overall right track wrong track numbers are so bad is because the deficit is the definition of pessimism about the future. the long-term outlook in the country standard & poor's said they were optimistic, warren buffett saying don't invest in long based dollar investments.

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