Detailed text transcripts for TV channel - CNN - 20110128:06:06:00
>> thats how we ended up here. what governor palin said is wrong in two respects. in 1957 when sputnik went up, and for about the next ten years was the high point of the strength of the soviet economy, in terms of economic growth, i grew at 6%, 7% a year and its technological development. thats why the united states had such an allergic reaction. the reaction was, oh, my god, the communist can do it, we cant. so shes wrong on that count. it didnt lead to bankruptcy. the other thing shes wrong a...
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