Detailed text transcripts for TV channel - MSNBC - 20120826:13:18:00
Strategy was just cut taxes and that will force a cut on spending. it hasn't happened with the republicans. they haven't been able to cut spending. what has happened, however, the democrats take on the responsibilities for austerity. that's a problem for the democrats because they, essentially, it's before the republicans were the tax collectors for the welfare state and now the democrats are the astairians for the tax cut state. this is -- and the democrats are the caretakers of this and so long as we are stuck in that pattern, the democrats will never be able to break out of the consensus. t...
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