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to a year earlier. an associate professor at columbia university. we'll see what we can get those two to agree on. i want to start with assistant managing editor for "time" and co-wrote "the wimpy recovery." in the piece you asked people to honk if you feel the recovery. the signs are there but no honking. >> you don't hear honking in the streets. we're in recovery. in fact, weaver been in recovery for two years. it really says something, a lot of us aren't feeling it. the numbers are there as you mentioned it. this is bifurcated. the fact stocks are up, people who own stocks are wea...

A lot of things that seem to important today aren't going to be important a year from now when we're focused on the different platforms and ideas. this is truly an election about ideas and governing philosophies. >> now, governor, you brought up the issue of the government spending as a percent of gdp. but revenues as apercent of gdp are at lowest levels in some 16 years, below 50%. that's an issue, too. is it all spending cuts? you're not for any sort of way to raise revenues, potentially having to increase some amount of taxes that come into the government system? it's one thing to cut, but ...

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