different political parties, made a lot of empty promises to voters to get re-elected for decades, and those empty promises, when a debt crisis hits, becomes broken promises with painful consequences. so europe is in the middle of cutting health retirement benefits for current seniors, cranking up taxes, high double-digit unemployment for young people, and they're in recession. they'll basically have a lost generation. that's what happen to us if we stay on the president's plan. so what mitt romney and i are saying is, it's still not too late to get this right. it's not too late to get this economy growing again, to keep our commitment to our current seniors. so what we're trying to do is prevent and preempt europeanlike aausterity. we want growth and commitment that people organized their retirement around. if we get this fixed fast we can do that. if we stick with the obama plan, go with more of the same, we'll simply wind up just like europe with broken promises. >> bill: and coming up next, the