Cycle Loss News Today

>> eric: welcome back, everybody. turn to aftermath of the 2012 election cycle loss on the grand old party. listen to david axelrods read on what the election results mean with regards to tax and spend liberalism. >> the president believes its more equitable to get that from the wealthiest americans who have done very well. and frankly dont need those tax cuts. and who benefited disproportionately from tax cuts in the last decade. most americans agree with that. >> eric: well, not exactly, david...