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The "return to prosperity ". the president continues to juggle a long-term commitment to reduce our debt watt short-term commitment to spend, spend, spend. can you make sense of this for us? >> sounds pretty schizophrenic to me, christine. my view, we really have to start by getting this debt down and slowing the rate of borrowing. i think it risks another financial crisis. you know, the president wants all of these new initiatives to help small businesses. some of them have been tried before. the jobs credit is something that was tried under jimmy carter back about 30 years ago. it didn't wor...

>> harold we did that for two years and it didn't work. >> we had a shutdown in 1995, bill clinton president, republicans coming off a big midterm victory, now that shut down did seem to kill some momentum for those congressional republicans. both parties today talking tough on the deficit. which side has the most to lose this time? >> well, there's no question that bill clinton outfoxed the republicans and reversed the momentum and went on to win re-election in part after the government shutdown. this time around i do think the republicans go in with a stronger hand. because going back to ste...