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CNNW Erin Burnett OutFront July 4, 2012



has the ruling put jet blew on the hook for allowing him to fly that plane? let s go out front. good evening every one. out front tonight, ooh, la, la, france s most porful woman sticking her knows in america s business. a doom and gloom message for washington today. economic recovery remains p tepid and down size risks have identified. what we see is clearly a risk that confidence be eroded. and she didn t stop there. she took on president obama, too. she called his $3.8 trillion budget which he says will reduce the deficit by next year as too rapid. among her suggestions, more infrastructure spending, housing initiatives and further extension of the emergency unemployment benefits. hey, we re all for ideas from anyone, but this did seem to be a naked endorsement of the spend, spend, spend idea which is envogue in france right now. well, here s how some of that has seemed to be working for france. the country s debt is now 90% of the size of the economy. many ec ....

Let S Go , Washington D C , Barack Obama , 3 8 Trillion , Infrastructure Spending , Emergency Unemployment Benefits , Housing Initiatives , Steven Moore , Lebron James , Wouldn T , Fiscal Cliff , Talkingbout America , Yoe Zoefr , Fear Mongering , Government Spebding , She Didn T Mention , 5 Trillion , 4 Trillion , Unemployment Insurance , The One , Tax Rates , Housing Assistance , January 1 2013 , Business Incentives , Grid Lock , Will Sac Business Confidence ,

CNNW Erin Burnett OutFront July 3, 2012



good evening, everyone. i m erin burnett. outfront tonight, ooh-la-la. france s most powerful woman sticking her nose in america s business. it is sort of her job to do that. christine lagarde, head of the imf, had a doom and gloom message for washington today. economic recovery remains tepid, and downside risks have intensified. what we see is clearly a risk that confidence be eroded. and she didn t stop there. she took on president obama, too. in fact, she called his $3.8 trillion budget, which he says will reduce the deficit from 8.5% to 5.5% of our economy by next year as too rapid. among her suggestions, more infrastructure spending, housing initiatives and further extension of the emergency unemployment benefits. now, hey, we re all for ideas from anyone, but this did seem to be a pretty naked endorsement of the spend, spend, spend idea which is in vogue in lagarde s home country of france right now, where they plan to cut the retirement age from 62 to 60. h ....

Wolf Blitzer , U S , Still Outfront , Christine Lagarde , Washington D C , Barack Obama , 8 5 , 3 8 Trillion , Infrastructure Spending , Emergency Unemployment Benefits , Housing Initiatives , Retirement Age , Home Country , Gillian Tett , Don T , The Financial Times , Bent Out Of Shape , Steven Morris , Steven Moore , Didn T , Lebron James , Charlotte Bobcats , Wouldn T , The World Economy , Fiscal Cliff , Warning Installation ,

Detailed text transcripts for TV channel - MSNBC - 20120612:01:10:00

And the one big question in all this, right, is the way the system is designed is a poor economy in the short term should hurt incumbents in congress. i think they think they are somehow immune from the effects of that. i think that s the big open question about whether that s going to continue to hold, but so far it looks like it will. i think they re right. my understanding, the ef tense on that, it tends to hurt the majority party, and americans see the majority party as the president. i m interested in what you say. i always take it as this kind of psychologically complex phenomenon, that you see by the way on the left sometimes, too, where people convince themselves very quickly of what it is in their electoral interest to believe. to sort of use a sinclair line, it s hard to get a man to believe when his re-election depends on him not believing. that creates a difficult question with compromise, right? because if they really convince themselveses of it too much, whatever mitt r ....

Pass Congress , United States Government , President Obama , Majority Party , Big Open Question , Sinclair Line , Re Election , Mitt Romney , Huh Uh , Tea Party , Congress Say ,

Detailed text transcripts for TV channel - MSNBC - 20120612:04:10:00

Right now for the republican party to boost, to do anything to alleviate the suffering and misery in the economy now between now and election day. and the one big question in all this, right, is the way the system is designed is a poor economy in the short term should hurt incumbents in congress. i think they think they are somehow immune from the effects of that. i think that s the big open question about whether that s going to continue to hold, but so far it looks like it will. i think they re right. my understanding, the evidence on that, it tends to hurt the majority party, and americans see the majority party as the president. i m interested in what you say. i always take it as this kind of psychologically complex phenomenon, that you see by the way on the left sometimes, too, where people convince themselves very quickly of what it is in their electoral interest to believe. to sort of use a sinclair line, it s hard to get a man to believe when his re-election depends on him no ....

Election Day , Pass Congress , Big Open Question , President Obama , Majority Party , Mitt Romney , Sinclair Line , Tea Party , Re Election , Congress Say , Huh Uh ,

Detailed text transcripts for TV channel - MSNBC - 20120612:08:10:00

System is designed is a poor economy in the short term should hurt incumbents in congress. i think they think they are somehow immune from the effects of that. i think that s the big open question about whether that s going to continue to hold, but so far it looks like it will. i think they re right. my understanding, the ef tense on that, it tends to hurt the majority party, and americans see the majority party as the president. i m interested in what you say. i always take it as this kind of psychologically complex phenomenon, that you see by the way on the left sometimes, too, where people convince themselves very quickly of what it is in their electoral interest to believe. to sort of use a sinclair line, it s hard to get a man to believe when his re-election depends on him not believing. that creates a difficult question with compromise, right? because if they really convince themselveses of it too much, whatever mitt romney says there s a chance he could come into office and th ....

Pass Congress , Big Open Question , President Obama , Majority Party , Sinclair Line , Re Election , Mitt Romney , Tea Party , Huh Uh , Congress Say ,