Detailed text transcripts for TV channel - MSNBC - 20120521:16:37:00
Austerity plan in place in the eurozone greece's unemployment rate is 21.7%. 136,000 businesses are expected to close in greece this is year alone. >> yes. if you have regulatory regime as greece does, if you spend like crazy and put every third person on the government payroll as greece does, if you pay the government workers more than everybody else, it doesn't work very well. greece and europe are basically california and illinois in five years if we keep going on obama's path. that's what we want to avoid. that's what this election is about. are we going to end up like that or go back to w...