terri savidge writes a column. the national retail federation says nearly three-quarters of those polled are cutting back because of tax changes this year. this is a two-speed recovery, right? recovery for people with savings and a job and this other recovery for people who aren't on solid footing in the job front or in savings. is the paycheck to paycheck crowd already in recession territory? >> i think it's wrong to label it. a lot of government spending isn't going to be cut, social security, medicare. they're exempt. when you take a look at business, i heard on cnn the chairman of marriott international saying we're lowering our expectations, business won't travel as much. every family will be impacted. every family has already been impacted to some extent. as you pointed out, when businesses cut back, that impacts their suppliers, it impacts their workers and there is no doubt that the combination -- now, look, let's put the numbers in perspective. we took $110 billion in tax increases. this is $85 billion in