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Detailed text transcripts for TV channel - MSNBC - 20111212:21:48:00

at&t is a huge company. at&t broadband, it's a huge company. is it possible to develop that company without investing money to hire people to actually lay out the broadband cable so you can sell it to somebody like me so i have faster internet speed. >> in the earlier segment today when you had the panel on, dylan, and in the lead just a moment ago, it's so clear that g des moines became a discredited measure of anybody's economic vitality when we really had globalization. when we lived on an island surrounded by oceans and we sort of controlled our destiny, as we did pre-war, pre-second world war, it was an okay measure. even then, it was deeply flawed. as one of several measures, it was adequate. beginning in 1980, as globalization and the reagan administration came together at once, you began to see these false concepts come into play. once is that gdp still represented the entirety of the country, and if you and i were

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