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President obama announced his new budget director. lou did the job under president clinton. what was the budget surplus in 2001? remember that word? surplus in 2001 when he left the office. $237 billion. as in money saved, not spent. it seems like only yesterday, big number. >> when robert gibbs said the democrats could lose the house this year, he may have been sounding the alarm to his own party. but it has republicans feeling giddy. how both sides will use what gibbs said to rally support. that's up next here on "hardball."

President obama announced jack liu, what a great job, would be his new budget director. remember, what was the budget surplus, remember that record, when 2001 when liu left the job at omb. $237 billion big puns and that's a surplus under clinton as in money saved, not spent. jack liu's $237 billion budget cred, seems like only yesterday, big number. up next, when white house press secretary robert gibbs said the democrats could lose the hard he may have been touting his own theory. what gibbs said may be to real support. you're watching "hardball" only on msnbc. you took my eggs ! it's an "egg...

Rick: new questions about president obama continuing to focus on how he inherited the recession and other things from the bush. the president pounding home that theme during a visit to wisconsin. >> even when the economy was growing, it wasn't growing for you. and for all the parties moralizing about fiscal discipline, because it is true that part of what we inherited is a real significant problem in terms of spending at the federal level, the economic policies they put in place turned a $237 billion surplus into a $1.3 trillion deficit. so -- rick: we are 18 months into the obama administrati...

Oil and gas companies were basically allowed to fill out their own safety inspection forms. tax breaks led to little more than sluggish growth. a shrinking middle class, your paychecks, flat lined. wages and incomes did not go up, even when the economy was growing. it wasn't growing for you. and for all the parties moralizing about fiscal discipline, because it is true that part of what we inherited was spending at the federal level. the economic policies they put in place turned a $237 billion surplus into a $1.3 trillion deficit. there were a couple of signs

Other people? >> andrea: who doesn't want to be rich? that has always been the american dream. if you keep giving people things, like i know you rail on greece, people take it. that is how he is hoping to get re-elected. >> bob: there is not a single program he is talking about that had to do with obama. not one. social security, medicare -- >> andrea: what did obama do? entitle. crunch that no one wants to talk about, including barack obama, except maybe paul ryan an congressional republicans, he is endorsing. >> bob: automatic increases, it just does. you can't argue that is barack obama giv...