Detailed text transcripts for TV channel - MSNBC - 20121229:

Detailed text transcripts for TV channel - MSNBC - 20121229:04:05:00

lowest it's been since 2008. but already, you're seeing businesses and consumers starting to hold back, because of the dysfunction that they see in washington. >> the president's stern statement echoed the concerns of the american people, who are tired of washington gridlock. >> outside of washington, nobody understands how it is, that this seems to be a repeat pattern, over and over again. ordinary folks, they do their jobs. they meet deadlines. they sit down and they discuss things and then things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. and needs to stop. so, i'm modestly optimistic that an agreement can be achieved. nobody's going to get 100% of what they want. but let's make sure that middle

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