Detailed text transcripts for TV channel - MSNBC - 20130522:16:40:00
In your mind, how much of a big deal is this? >> i've heard ofç this amy lowy before. let me just make a couple quick points. one, the way the basic shape goes now is that it drops very sharply. in the last couple years faster than any time in the post-world war ii period. for a deficit that's much lower than you're four-year average, then it begins to rise again. it's kind of got the shape of the nike swoosh. >> thank you for that metaphor. >> but we actually -- i'm going to do this here, we just shouldn't do it. >> wow. >> exactly the wrong way to do it. it should be a much more gradual de...
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