Detailed text transcripts for TV channel - MSNBC - 20171129:14:37:00
Blow. this is introducing what economists call procyclicality. and the truth is as anyone that's been around washington for a while, it's a phony. if it's supposed to happen, it won't. when the economy turns down, which it will some day, congress has the economy headed into a recession is not going to let some trigger from four years before cause us to have a major tax increase. so anyone who takes consolation from that trigger should be thinking about buying the brooklyn bridge. >> all right. well, when you have guys like gary cohn or steve mnuchin leading to effort, gary cohn is a career tra...