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. >>> and we are back with paul krugman, zook zook, half half, and ed conard. advocate the president be very tough and, you know, you said let all the bush tax expire, things like that. so what does that translate into now? what does he do? >> okay. i think at this point he lets the sequester kick in. this is not like the debt ceiling. the debt ceiling we were all terrifie terrified. if we even wept a few hours with the u.s. government not paying interest on its debt, then god knows what would have happened. this is not like that. this is something where the negative effects kick in gradually. the world won't end if we go a month into this thing, so he can afford to wait, where i believe the republicans will have to cave eventually. what he should be looking for is i think some face-saving way for everybody to just kick this can down the road. we could have some vague spending cuts promised in the future, some real revenue sources. >> all in the future. >> all in the future. this is a terrible time to do us a terry. >> i think his reaction depends on whether or