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But, look, we haven't said this is take it or leave it. we said, here's a whole range of things that we're willing to talk about it. which i think is more than fair. >> but you have to take it or leave it -- >> it's the president who said, i'm not willing to negotiate. you have to take it or leave it. and that's simply unacceptable. >> is it acceptable to not raise the debt ceiling? >> i actually think the debt ceiling needs to be raised. if you voted for the ryan budget -- >> wait a second -- >> -- you voted for a debt ceiling increase. let me finish my thought. but the ryan budget also conta...

Trophies. >> not entitlements. you don't want to touch entitlements. >> we want to prolong entitlements. we're not going to sit at a table for people who say social security has no place in a free society. that's what they do. >> john boehner doesn't do that. he doesn't say i i wawant to ged of social security. >> yeah they do. this isn't odd person out in the caucus. this is in the ranks of the leadership. and by the way -- by the way, voucherizing of medicare is in the ryan budget. medicare should wither on the vine. that is in the ryan budget. president washington said as he was leaving, he...

And that drives the city over the cliff. what happens if there's a definancialization of the economy. a lot of people on the left make arguments that the finance industry isn't creating value. and if we had a change in industry that made banking back to about half the size it is now, that would be a very negative thing for the economy, specifically of new york city. and the question is, is the city prepared for industrial change like that, in the way detroit was not, as its manufacturing industry fell apart. >> and this goes to, i think, an underlying problem i have in a lot of these discussio...

Definancialization of the economy. a lot of people on the left make arguments that the finance industry isn't creating value. and if we had a change in industry that made banking back to about half the size it is now, that would be a very negative thing for the economy, specifically of new york city. and the question is, is the city prepared for industrial change like that, in the way detroit was not, as its manufacturing industry fell apart. >> and this goes to, i think, an underlying problem i have in a lot of these discussions, is that there are real economic challenges with these countries...

Particular challenge people want to talk about happens to be, so when we're talking about greece, it was jammed into this kind of deficit conversation that you had to -- the only way to not become greece was to sort of move on the ryan budget and the plans there to block medicaid and voucherize medicare. that's the only part that got talked about, nobody talked about the monetary policy, all the other things -- and that was really what was driving greece and becoming a deep competitive economy, that was trapped in a dysfunctional political situation. here too michael bloomberg has been effecti...