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Detailed text transcripts for TV channel - MSNBC - 20120310:02:43:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120310:02:43:00

Administration doesn't know about them like yesterday. let's talk about revisions, it's interesting. when mitt romney says 8%, there is something else going on than what we talked about in the opening. 8% was the number the unemployment number the obama administration in december of 2008 before they came in office, said unemployment wouldn't get to if we passed the stimulus. this was the bernstein-roemer paper. it says the economy was shrinking at 3.8%. that is bad, it's not unbelievably bad but bad, they figured 3.8%, we get the stimulus you run the numbers we can keep unemployment down to 8%...

Detailed text transcripts for TV channel - MSNBC - 20120310:11:43:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120310:11:43:00

Because it's actually interesting. when mitt romney says 8%, there is something else going on than what we talked about in the opening here. 8% was the unemployment number that the obama administration in december of 2008, before they came into office, said unemployment wouldn't get to if we pass a stimulus. this was the bernstein-roemer paper. we had preliminary gdp numbers for the fourth quarter 2008 and it said the economy was shrinking at 3.8%. that's bad, not unbelievably bad but it's bad. they thought, look, it's 3.8%, we get the stimulus you run the numbers we can keep unemployment down...