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Kristen, president obama putting these proposals on the wealthy, sure to please the president's base, but about half the tax savings would come from letting the bush tax cuts on the wealthy expire. how critical of a moment is this for the administration? >> it is critical, thomas, because the president's approval ratings are at an all-time low. the unemployment rate had been stuck above 9% for some time. one thing that i found really interesting about the speech. we heard him repeat the term class warfare twice. he said, this is not class warfare. that's of course something that the republican...

Extraordinarily low salary. why? so he can cash in a 15% capital gains rate -- >> and we want to correct that, ron. >> and i think we should. but the president, well, the president is out dl actually speaking half truths. using the usual obama argument. putting together a proposal. >> the right loves the oracle of omaha. the right loves the oracle of omaha just as much as the left so you can't have it one way when you like him then say a rule that basically breaks it down is showing something false about what's going on with how he runs his business. >> and warren buffett owned up to tharks th...

Today. but on the business side, he's pivoting as he should, to long-term tax reform and offering the republicans an opportunity to work together and i think with very stark contrasts in the speech today. the idea it's not class warfare, thomas. it's math. he's right about that. >> jared, clinton says don't write the president's obituary just yet, but resistance to his jobs plan is something that's across the board. especially in washington. democrats are panicking roughly about 2012, but what can the president do to get nervous democrats on board with the plan that's out there right now? >> i...