Detailed text transcripts for TV channel - MSNBC - 20120902:12:40:00
Unemployment because this economy drives on consumption and we're really losing that. that's why it doesn't really make sense for corporations who really need that demand to drive down wages in the long run, but that's what's happening. >> we should also say there's the microtrend of what's happening in the recession. >> but, really accelerate it over the last ten years and a product of the inability of people to really organize. >> productivity is off the charts. you had at $378,000 per worker in 2007 in productivity. last year, $420,000. >> it's incredible. >> walmart just posted their secon...
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