I like the way Obama distinguishes republican people and republican politicians. Big difference.
Let's talk about the campaign. Given all we've heard about and learned during the GOP primaries, what's your take on the state of the Republican Party, and what do you think they stand for?
First of all, I think it's important to distinguish between Republican politicians and people around the country who consider themselves Republicans. I don't think there's been a huge change in the country. If you talk to a lot of Republicans, they'd like to see us balance the budget, but in a balanced way. A lot of them are concerned about jobs and economic growth and favor market-based solutions, but they don't think we should be getting rid of every regulation on the books. There are a lot of Republican voters out there who are frustrated with Wall Street and think that they acted irresponsibly and should be held to account, so they don't want to roll back regulations on Wall Street.
But what's happened, I think, in the Republican caucus in Congress, and what clearly happened with respect to Republican candidates, was a shift to an agenda that is far out of the mainstream – and, in fact, is contrary to a lot of Republican precepts. I said recently that Ronald Reagan couldn't get through a Republican primary today, and I genuinely think that's true. You have every candidate onstage during one of the primary debates rejecting a deficit-reduction plan that involved $10 in cuts for every $1 of revenue increases. You have a Republican front-runner who rejects the Dream Act, which would help young people who, through no fault of their own, are undocumented, but who have, for all intents and purposes, been raised as Americans. You've got a Republican Congress whose centerpiece, when it comes to economic development, is getting rid of the Environmental Protection Agency. Read more