• With: Mike Huckabee, former Arkansas governor

    This is a rush transcript from "Your World," July 6, 2012. This copy may not be in its final form and may be updated.

    NEIL CAVUTO, HOST OF "YOUR WORLD": It's Fox. If not for this news network, Fox, no one would even have heard the words class warfare uttered. Utter nonsense?

    Not to senior White House adviser Valerie Jarrett. She blames Fox News for the angry rhetoric.

    (BEGIN VIDEO CLIP)

    UNIDENTIFIED MALE: So many businessmen and others have said that the message has become one of class warfare, attacking the rich, attacking people who make a profit, people who make jobs. Why is it that that tone has been set, that people believe that this is a class war...

    (CROSSTALK)

    VALERIE JARRETT, SENIOR PRESIDENTIAL ADVISER: Well, they may be watching one particular network.

    (LAUGHTER)

    UNIDENTIFIED MALE: CNN?

    JARRETT: No.

    (END VIDEO CLIP)

    (LAUGHTER)

    CAVUTO: Governor Mike Huckabee heard that, and suggests she might want to check with her boss, because this is what he and Vice President Joe Biden are saying on the campaign trail pretty much all the time.

    (BEGIN VIDEO CLIP)

    VICE PRESIDENT BIDEN: You guys, educators, teachers, you're under full-blown assault.

    PRESIDENT OBAMA: I don't think we grow our economy from the top down. I think we grow the economy from the middle class up.

    BIDEN: He says the president's out of touch?

    (LAUGHTER)

    BIDEN: How many of you all have a Swiss bank account?

    OBAMA: There's not wrong with asking the wealthy to pay a little more in taxes.

    BIDEN: They don't get us!

    (CHEERING AND APPLAUSE)

    BIDEN: They don't get who we are.

    (CHEERING AND APPLAUSE)

    (END VIDEO CLIP)

    CAVUTO: Governor?

    (LAUGHTER)

    CAVUTO: Take it from here.

    MIKE HUCKABEE (R), FORMER ARKANSAS GOVERNOR: Joe's half right.

    They, whoever they are, don't get who we are. Well, who he is and who Obama is are people who believe that the best way to fix the economy is to penalize productivity and subsidize reckless irresponsibility. So, you take money from those who have worked really, really hard to be successful and to work.

    (CROSSTALK)

    CAVUTO: Well, they're not doing their fair share. I don't know if you got the memo. They're not doing their fair share.

    HUCKABEE: Well, what is the fair share?

    Every time I ask a Democrat that question, I say give me a percentage. What should the tax be on these people?

    CAVUTO: Everything. Everything, 100 percent.

    HUCKABEE: Nobody can ever nail it down because they don't want to say more than what it's ever been before.

    But the fact is class warfare has been the primary tool that the Obama administration has used to try to say that there's something inherently wrong with people who have been successful. And I think what the real downside is -- I grew up dirt poor, Neil. I'm the first male in my family to graduate high school. No one...

    (CROSSTALK)

    CAVUTO: Whatever happened to you?