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Detailed text transcripts for TV channel - MSNBC - 20110805:04:12:00

so now we ve got this combination where i have a 500 point drop of the dow at the top of the show, and we re talking about the things that america needs to do to deal with our economy not being politically realistic. at what point does the economy become shocking enough, a 500-point drop on the dow, becomes shocking enough that it changes what s politically realistic? how do we understand the magnitude of a day like today on the dow? maybe there s a ray of hope there. if it were going to lose 500 points, better to lose them in an afternoon than over the course of two months. people i think are jolted into recognizing that there is a problem. it s time to discuss these issues, because, again, there really are simple solutions. a payroll tax holiday. that would put extra money into workers pockets. the problem is not enough demand. they ll have more money, they ll spend more. give the employers a break for

The ed showDow jones industrial averagePoint dropRay of hopeIn the name of anotherPayroll tax holiday

Detailed text transcripts for TV channel - MSNBC - 20110805:04:58:15

Detailed text transcripts for TV channel - MSNBC - 20110805:04:58:15
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.

9 112 millionIn the name of anotherUs populationCombat deploymentsWar zone

Detailed text transcripts for TV channel - MSNBC - 20110805:04:07:00

we need a long-term deficit reduction. it s good to get started on that. on the other hand, we have a huge short-term growth problem. we have no growth. very high unemployment. and we have all of these things we can do. there was a bloomberg story, one of my employers, who said and this was fascinating. our yields on the treasury, which is how much the market charges us to borrow, are lower than they have been at any point since eisenhower s administration. what that means is that the market cannot borrow from us quickly enough. we are still the safest thing to do out there, and they want more of our debt. as they beg us to borrow, and we could use that money to rebuild our crumbling infrastructure, to pass a large payroll tax cut, pass a hiring tax credit, we are saying no. no matter how good of a deal you give us, we refuse to take your money and try and speed a recovery in this country. and no matter whether or not that would make us the hope for the world, it would certainly make

Deficit reductionGrowth problemFederal aviation administrationIn the name of anotherTax creditPayroll tax cutCrumbling infrastructureEzra kleinHope for the world

Detailed text transcripts for TV channel - MSNBC - 20110805:01:12:00

most important thing. i also spend a lot of time talking about what s politically realistic in america. so now we ve got this combination where i have a 500 point drop of the dow at the top of the show, and we re talking about the things that america needs to do to deal with our economy not being politically realistic. at what point does the economy become shocking enough, a 500-point drop on the dow, becomes shocking enough that it changes what s politically realistic? how do we understand the magnitude of a day like today on the dow? maybe there s a ray of hope there. if it were going to lose 500 points, better to lose them in an afternoon than over the course of two months. people i think are jolted into recognizing that there is a problem. it s time to discuss these issues, because, again, there really are simple solutions. a payroll tax holiday. that would put extra money into workers pockets. the problem is not enough demand. they ll have more money, they ll spend more. give t

The ed showDow jones industrial averagePoint dropRay of hopeIn the name of anotherPayroll tax holiday

Detailed text transcripts for TV channel - MSNBC - 20110805:01:58:15

Detailed text transcripts for TV channel - MSNBC - 20110805:01:58:15
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.

9 112 millionUs populationIn the name of anotherCombat deployments