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Plan is gonna cut the gdp by 2%. that seems bleak. >> these are all the people who thought the stimulus plan two years ago was a great idea and would help create jobs in america. >> greta: so they are dead wrong. >> i got john@q taylor and other economists suggesting that cutting spending would lead to a better environment for job creation in america. we've got a spending problem. we've got to cut spending. the more spending we cut is the more money available in the private sector to help create jobs. >> greta: do you think the president think there's a spending problem? does he have a differe...

Plan is gonna cut the gdp by 2%. that seems bleak. >> these are all the people who thought the stimulus plan two years ago was a great idea and would help create jobs in america. >> greta: so they are dead wrong. >> i got john@q taylor and other economists suggesting that cutting spending would lead to a better environment for job creation in america. we've got a spending problem. we've got to cut spending. the more spending we cut is the more money available in the private sector to help create jobs. >> greta: do you think the president think there's a spending problem? does he have a differe...