Detailed text transcripts for TV channel - MSNBC - 20130414:12:27:00
And part of it has to do with the new deal and the deficit spending in the 1930s. we look back and say fdr rallied the country behind the new deal, public spending, massive investments in public spending. the reality is when he ran against herbert noovr 1932, he ran against the deficit. we have this great quote. i want to put it on the screen. he makes the exact comparison that obama made in 2010. "the credit of the family depends chiefly on whether that family is living within it income, and that is equally true of the nation." he's making that exact same family/nation comparison. the other s...
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