was answer, greece would be experiencing a new golden egg. more government spending is not the answer. i think bill is right. i don't think this was a gaffe. this is what president obama believes. it's interesting if you look what happened, you got responsible governors like mitch daniels, chris christie and even to some extent governor cuomo who is tightening their own budgets who are doing fiscal responsibility, reducing state deficits and unemployment. as a result they had to cut government roles. government prescription is to use federal tax dollars and uin do that. president ought to be in situation what is working at state level let's put that in play here. let's make eight better place for private sector to invest. he is trying to undue the good that is being done at the state level. >> chris: let's talk about the political side.