President Barack Obama Discusses Mitt Romney's '47 Percent' Remark on 'The Late Show With David Letterman' (VIDEO)

"If you want to be president, you have to work for everybody"
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President Barack Obama sat down with David Letterman on the Late Show Tuesday night to discuss everything from economic policy to the crisis in Libya and even Hannah Montana.

Of course, it didn't take long for Letterman to ask the president about his opponent's recently unearthed "secret video" -- in which Mitt Romney claims his job is "not to worry about" the 47 percent of Americans who are "dependent upon government."

Obama then recalled Election Night back in 2008, when he told the 47 percent of voters who had pulled the lever for John McCain, “Even though you didn’t vote for me, I hear your voices, and I’m going to work as hard as I can to be your president.”

"When I meet Republicans as I'm traveling around the country," he continued, "they are hard-working, family people who care deeply about this country. My expectation is, if you want to be president, you have to work for everybody, not just for some."

The president then took on Romney's claims head-on.

"I promise you, there are not a lot of people out there who think they're victims. There are not a lot of people out there who think they're entitled to something."

When asked about his economic policy, the president reiterated a talking point in former president Bill Clinton's Democratic National Convention speech: "Arithmetic."

Obama explained how he hopes to reduce the national debt by cutting government programs that aren’t working and by asking the wealthy to give back a little more -- and he thinks the American people will be onboard with the plan.

“The American people are a lot more thoughtful, decent, and full of common sense than we’ve seen out of Washington over the last several years,” said Obama.

The conversation then turned to the turmoil in Libya. In light of the recent tragedy -- which claimed the lives of four Americans, including ambassador Chris Stevens -- the president explained how the U.S. presence in Muslim nations like Libya is still needed.

“We can wind down our military activities in places like Iraq and Afghanistan, but we have to remain engaged because whether we like it or not, America remains the one indispensable nation," he said. And even countries that criticize us end up looking to us for leadership, because without our presence, without our involvement and our engagement, things would be an awful lot worse.”

Letterman managed to introduce some lighthearted topics during the interview, as he asked Obama about his girls, Sasha and Malia. 

The president recalled that his daughters took time before their dad’s anticipated Democratic National Convention speech to explain how his big moment was similar to the climactic scene from the Hannah Montana movie.

Robert Pattinson and Kristen Stewart are reportedly trying to put cheating scandal behind them. And, President Obama makes an appearance on The Late Show with David Letterman. On The Daily Buzz, our panel dissects the interview. WATCH FULL SEGMENT BELOW. Watch The Daily Buzz each weekday at 4.30 pm ET.

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