Detailed text transcripts for TV channel - MSNBC - 20121122:04:03:00 vimarsana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vimarsana.com Daily Mail and Mail on Sunday newspapers.
compact. well, he is certainly not wrong about that but that social compact is about to collapse of its own weight if we look at the budget projections going out not very many years from now. they have resulted in what everyone agrees is aoun unus sustainable debt spending. bill: everybody doesn t agree with that don t you read the new york times editorial page don t you see nbc and the blogs. even those media outlet does not dispute we have a serious budget. bill: the country can take on more debt if the economy grows. yes, that s true. i think he. yeah, i think he sees the debt and deficit spending at this juncture as a path to regenerating economic growth which, of course, is many ways the best deficit reduction program of all because it results if it s really strong and tax receipts which will tend to rule reduce the deficit. if is he wrong the country
compact. well, he is certainly not wrong about that but that social compact is about to collapse of its own weight if we look at the budget projections going out not very many years from now. they have resulted in what everyone agrees is aoun unus sustainable debt spending. bill: everybody doesn t agree with that don t you read the new york times editorial page don t you see nbc and the blogs. even those media outlet does not dispute we have a serious budget. bill: the country can take on more debt if the economy grows. yes, that s true. i think he. yeah, i think he sees the debt and deficit spending at this juncture as a path to regenerating economic growth which, of course, is many ways the best deficit reduction program of all because it results if it s really strong and tax receipts which will tend to rule reduce the deficit. if is he wrong the country goes bankrupt and over the