should be redistributed in ways differently than it is today, whether you want to have more taxes on some groups or less on others is not class warfare, and that s cheap. can you hold to this position, going into the debt reductions in november. will the democratic party say, this is our offer, half this debt reduction has to come in taxes. a lot of it s got to come from the rich. we ve got to hold the line on this through the fight, even if you go into the automatic alternative. i believe that the president was really much stronger. i thought the speech he gave today was his best yet. i think he went home. this is my own speculation, of course, but i think he thought about things in august and said, he has to draw more differences between who s stopping things and who s for things. and that speech today was like it. and i think that the president s saying that we will not cut medicare and medicaid, which he took a lot of flak for from his own party when he was agreed to come to th
people in their income tax rates and estate taxes are going to make a lot of money on this over the next couple of years. by the way, henry waxman grabbed you the other night and started yelling at me. i think legitimately if you cut payroll tax contribution and add these other debts on top of the national debt and annual deficit that it will empower the republicans in the next congress to say we did the tax cut. now, we have to do the spending cuts and they worry that medicare and other programs they re not going to be the ones who are going to sign on to those debt reductions. they re worried that the republicans will whack them. and worried about what s probably going to happen. obama will go along with it, too. let s take a look. here s president clinton when he talked about going back to 1994, the year he made the pivot you know all about, mark penn. we played political kabuki for a year. had two government shutdowns.
other social programs will be in their gun sights. they won t sign on to those debt reductions. they re worried that the republicans will wack them. that s what they re worried about. they re worried about probably what s going to happen. obama will go along with it. we can t miss him. when he talked about going back to 1994, the year that he made the pivot that you know all about. we played political kabuki for a year. had two government shutdowns. we can t afford that now. the only reason we could do that is because that s was already coming down at a time when interest rates was the problem and the economy was coming up. people dent yet feel it in 1994. we can t afford that. we have got to pull together and both sides are going to have to eat some things they don t like because we cannot afford to have the kind of impasse that we had last time over a long period of time. we don t want to slip back in to a recession. we ve got to keep this thing going. wow. he knows wha