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Law. the only question was were you going to negotiate a good package, save as many of the bush tax cuts as you could? >> karen, they're now saying republicans have as much leverage now as the democrats did during the fiscal cliff. is that your calculation? >> you know, i think these guys are back to that whole war on caterpillars thing. what are they talking about? selective memory. again, they participated in this process, and think about the messages that the americans are hearing right now. you're hearing republicans say, well, gee, we had nothing to do with it despite the fact this they a...

Congressional districts and perhaps in senate contests that are going to be up, does the quest for success by being on the really right side of immigration and gun control, ideologically speaking, does it threaten terminally the prospects for national success for the republican party? >> i don't think there's any doubt. >> i think it does. dan, i think it does. dan, does it? >> i believe it does. whoever's our nominee for president in 2016 is not going to be successful if this -- the immigration issue -- is not addressed. now, i'm not saying it's sufficient. i'm not saying our nominee's guaran...

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Second terms throughout history. and they basically summed it up this way. in the first year of a second term, they try and do something big on the economy. typically doesn't work. in the second year, they're already in midterms, third year, try to do middle east peace, doesn't work. and fourth year they're pardoning their friends. so we're in year one right now. it doesn't look very promising that we're going to get a deal which means we could be going through the next four years without any serious reduction in the deficit and the debt. so we could be looking at the picture we're at, and we'...

Were growing at 31.% in the third quarter. we dropped negative, 0.1%. congress certainly can play a role. the fact that we've had this shrinkage in federal spending has impacted the economy. i'd agree, we've substituteded debt for wealth creation. but at the same time government has to play a role. my point has been echoed on this show many times, real tax reform, real entitlement reform, predictability, consistency, certainty will create, i think, more opportunity for business skprechlt frankly may allow the energy sector, the health sector to really grow. >> and declined as much as it drks w...