where you go and give him the increase on the top 2% and all of a sudden the shift goes back to entitlementment. >> coming up, this morning, truckers who carry cargo to and from the port of oakland they say theory relieved that another strike is likely. more than 500 walked off the job last month and they have ratified a new contract. it includes 2013 cost of living raise and bonus contract. >>> and they are meeting in their search for a new police chive and police chief chris moore is retiring after less than two years on the job and they have a meeting at 6:30 at the south side onto ther road. >>> and officials say the lane closures are here for fee placing crashed curb advance, and i am happy to say, sale is back. it is not the same without you, buddy. >> we are already off to a busy start, we have that fire tara mentioned and there is a power line down in the sweeney hill area. we have a crew on the scene and you can see pg&e said a power line did come down and pg&e officials need to get in there and there could be power lines associated with this and tara moriarty is on the scene and we wi

i'm hoping that we'll deal with it, especially, you know, the old age entitlementes, because sooner or later, you and i are going to be old enough to qualify for medicare, and we're going to at the present time to be a good system. but we i think a little rationality is called for. >> schieffer: you're saying it's not as bad as it seems. the fact of the matter swhen the bush tax cuts run out at the end of the year, when payroll tax-- whatever they call it, runs out at the end of the year, people's taxes are going to go up. they may not be a crisis for some of the upper income folk but if you're down the line there, that's a big deal. >> and i fully believe that's going to be taken care of. but if you remember, when the clinton tax cuts-- tax rates were imposed in 1993, martin felledsteen, you know, a very substantial economist, wrote an op-ed in the "with the journal" that day predicting we were going into a deep recession pause of the tax rates. we went into a big boom. we're tingering on the edges here of a massive economy. >> schieffer: michael? >> everybody knows the conversation n

they'll give something on entitlementes, but so far it's not big enough for the republicans to get vote which is why we may go over the cliff. not just liberal democrats. new gingrich, he's is not liberal-- >> here's the thing. tax rates are going up on everybody by definition by law. either the president has the upper hand on this issue. and the electorate has veted. i mean, in every speech he gave, he addressed this issue. it came up and he said i'm going to do this. and the the electorate said okay. it would be very surprising if we don't allow tax rates-- >> schieffer: this was a very, very close election. the blue states were very blue. the red states were very red. and the battleground states were very close. are you teague to say the president thinks he has some sort of a mandate? >> not a mandate. but he wasn't election-- >> >> schieffer: he got a second chance. >> this is a a good way to address our long-term fescal issues. from an economic perspective-- forget about the politics, you sit down and do the arithmetic or math and you can't make it work unless tax rates on upper in

labor participation rate, increasing taxes that kills economic growth, and refusing to reform entitlementmentnot the fault of the rich and there is no tax cut on the table. we're only talking about extending rate and increasing rates to punish the rich. the rich, juan, didn't cause this problem. politicians and them wanting to acquire power and use other people's money is what caused this problem. and obama has taken this country for a joy ride and he's taken it for a wreck. >> wait a second! >> hang on. let's folk on what david said here. when we have 60 trillion dollars in debt and borrowing 46 cents of every dollar and stealing from our kids, i don't understand why there is not this urgency on your side to stop doing that. 'cause to me, it's morally bankrupt to take money not only that we don't have now, but we're forcing this debt on our kids. where is your moral imperative to say cut spending, live within your means? where is that from the democratic party? >> sean, what i say is people do have this imperative. people are saying we're going to slow down the rate of growth of these progra