Detailed text transcripts for TV channel - MSNBC - 20111120:14:36:00
Do the state governments have the flexibility. >> and state and local government has grown. if you want to look at where the growth is -- >> economy did not grow at 8% -- >> right. >> its going to take -- >> well, the share of taxes as a percentage of gdp is the lowest level it has been since the 1950s. >> but part -- but part of that growth in state and local was about the unfunded mandates of the federal government to states in low tal teas. the localism, this idea that local people know bette...
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