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Detailed text transcripts for TV channel - MSNBC - 20110401:21:07:00

Look. heres the deal. you mentioned 1984, chuck. i think it eels a telling comparison. under railroad, the unemployment rate was 10.3%. by october of 1984, it had dropped to 8.1% or 8.2%. look, 8.2% is not particularly good, right? >> right. >> but its all trend line. >> is that the line? is that the line? >> yes i think -- >> moving toward 8% and maybe its right around 8.1%, come october 2012, president gets re-elected. >> chuck, one other thing. a guy smarter than me, matt mcdon jum mcdonald a...
Unemployment Rate Chuck Todd Bit Eel 8 2 10 3 October Of 1984

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