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Revenue from the tax because he's going to tax you and me and the rich guys, all right? and all the debt will come down to a very manageable position and that's what he is telling the folks. >> down the road? in the sunny uplands of the future, down the road. and the first two years of his presidency, he says we can't cut anything. we have to spend like crazy because the economy is in bad shape and there is high unemployment. now he said, in fact, he said it yesterday in the speech he gave, the economy is strengthening, unemployment is improving so now we can't cut, we have to keep spending. h...

Revenue from the tax because he's going to tax you and me and the rich guys, all right? and all the debt will come down to a very manageable position and that's what he is telling the folks. >> down the road? in the sunny uplands of the future, down the road. and the first two years of his presidency, he says we can't cut anything. we have to spend like crazy because the economy is in bad shape and there is high unemployment. now he said, in fact, he said it yesterday in the speech he gave, the economy is strengthening, unemployment is improving so now we can't cut, we have to keep spending. h...

Approach to poverty, which conservative idea rejects. look, a study of the federal reserve in minneapolis looking at the bottom level, people in the lowest 20% of earners, in 2001, within six years almost half had risen out of poverty. the conservative idea is that you have the mobility in classes. you don't write them off. you don't consign them to a hammock that the liberals have constructed in which they stay in dependsy. you have policies that lift them out. that's something romney hasn't been able to grasp. >> bret: he's talking about policy here. he's talking about his policy, that wants...

Approach to poverty, which conservative idea rejects. look, a study of the federal reserve in minneapolis looking at the bottom level, people in the lowest 20% of earners, in 2001, within six years almost half had risen out of poverty. the conservative idea is that you have the mobility in classes. you don't write them off. you don't consign them to a hammock that the liberals have constructed in which they stay in dependsy. you have policies that lift them out. that's something romney hasn't been able to grasp. >> bret: he's talking about policy here. he's talking about his policy, that wants...

Way it will keep going. joining us is ezra klein, msnbc policy analyst, ezra, thanks for being here on friday night. >> good evening. >> if president obama were a republican president, would republicans be super psyched about what he announced about consolidating these agencies? >> they would be sipsyched. this is a tinier examples. a policy that bob dole supported, heritage foundation, that newt gingrich supported, that mitt romney passed in law and began to implement. that was a conservative idea, barack obama opposed it and embraced it as part of a way to get a deal. republicans said it w...