Detailed text transcripts for TV channel - MSNBC - 20110902:

Detailed text transcripts for TV channel - MSNBC - 20110902:22:12:00

out later that the figures that we thought we were digging from under were underestimated. if the president comes up this week and says, we need to spend money rebuilding schools and infrastructure, they will say stimulus doesn't work. but your graph showed that we got an immediate spike in jobs. >> we can hit them with my graphs, the minute they try to pull that stuff for exactly that reason. look, if you just look at the growth rates gdp and jobs, and you draw a straight line when the stimulus started, you will very clearly see that come february 2009, when the stimulus was passed, the rate of loss, of gdp and jobs, gap to diminish. >> right. >> in the middle of 2009, gdp turned positive, where it's been ever since, and employment became positive in march 2010.

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