hank paulson cute you president bush? congress? who deserves the most credit for helping us get out of that mess cute you >> i would say hank paulson. >> because? >> because it was a lot harder for republican treasury secretary in the bush administration who had been at goldman sachs to get the country to agree to something very unpalatable. that you had to help the institutions, you had to prevent the meltdown of the institution that caused the problem in order to prevent a worse outcome for everybody else. many people today will say they are for the free enterprise system, politicians, but they don't like to say they are capitalist. why is the word capitalist a sensitive thing with people? >> i don't know. i see it in my students at george mason university. it conjures up a sort of moral distaste and that goes to the ruthlessness and the inequality and unfairness that they see. they are not socialists. if you ask them, they don't really know what socialism means but they are not for the government controlling everything and ownin

hank paulson has a carbon tax initiative. so maybe as more elite republican -- republican elites start to debate less about the cause of it and talk more about thousand fix it. jane: richard wants to come in here, but i just would comment, this is not specific to the current administration. i mean i actually -- this will really date me, dinosaur that i am. i worked in the carter white house, if anyone remembers, jimmy carter wore sweaters to his conversations with the american people. and in the senate at the time, every other light bulb was -- it's funny we should talk about light bulbs these days, was turned off on the floor of the russell senate office building. this concern started a long time ago an it's gotten uneven attention over many years but i think at this point many more people see it as a crisis than used to, i'm sure that's fair. richard, you wanted to come in. and we still need to talk about china. richard: the really interesting thing on the republican side on the climate change issue is the generational spli

hank paulson backed off a little bit. not enough.ition and his trade team is we can't even get wall street on the same page with what's best for america. and what's best for america in many cases has proven not to be best for wall street on short term. and i think a that's the challenge. i think it's a challenge with american companies public ceos who look for short-term, cheap raw materials understand that's going to benefit on the short-term and they have short life cycles in their company. maria: you're not uncomfortable with all these massive wild swings for the stock market when people get nervous about a deal not happening. >> it will settle out. it's going to be a lot worse for this country long term if we would have continued down the path of the clinton, bush and wall street platform that was being built and had been executed until trump came along and really saved the middle class in his efforts here. he's the only one fighting for the middle class. wall street is not. bush and clinton administration -- under the bush admin