"Everybody's Going to Have to Give"

The president-elect tells ABC's Stephanopoulos that fixing the economy will require sacrifice from every American.

"Everybody's going to have give. Everybody's going to have to have some skin the game." But adds: "I think we can fix this."

Watch video here.

Also says he does not expect to close Guantanamo within the first 100 days, as he pledged during the campaign. "It is more difficult than I think a lot of people realize."

Interview airs on "This Week." Read full transcript.

Plus: Klein on Swampland: "I thought Barack Obama gave a strong, confident performance ... especially when you remember how halting and cautious he could be in these interview settings during the campaign."