this situation where they said you can't win here. you have to cut spending, you have to cut the deficit which incidentally economists agree in a recession economy, that's the time when you, like it or not, need government. republicans say you've got to do it, so obama has two choices -- megyn: they want to put money finish. >> cut the middle class or raise taxes on the rich. megyn: it's ideologically inconsistent. should you be for spending and no new taxes? because the president is saying, let's spend, and let's hike taxes, one of which would put money into the economy, and one of which would take it out. >> actually, it does neither. i'm sorry, it does one of the two. it redistricts wealth from one quarter to another, and it takes -- megyn: aren't they wealthy enough? >> they're wealthy enough. megyn: that's what the president says. they have a lot of money. >> if you taxed by the numbers, not the talking points, if you taxed everybody in all those categories including 100,000-naires, you couldn't do anything about the problem. megyn: we don't like the rich.