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Detailed text transcripts for TV channel - MSNBC - 20130309:01:11:00

Raised taxes on the wealthiest americans. simply added less jobs is like jobs if you raise taxes, you take money out of people s pockets that they could spend. if you cut spending, you reduce spending. so either way, whether you reduce spending or you raise taxes you ll have a negative impact on the economy. i find it very amusing, though, that some of these estimates, the cbo says that sequester will result this year in about $42 billion in less spending. essentially, that s about the multiplier effects and all the roll-in is about a half a percentage point to gdp. each percentage point of gdp is worth about 150,000 jobs. so we re talking about losing 75,000 jobs, not 750,000 jobs. okay. i would also point out there would be a much bigger number if you apply the same analysis over on the tax increases. david, i ll ask you the same question. can we raise taxes on the wealthiest americans and still ....

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Detailed text transcripts for TV channel - MSNBC - 20130309:01:42:00

Legislation, and it was a renewed piece that added a segment of the pop ulg thulatio is vulnerable. we got job numbers out today. are these numbers going to turn around because of the budget cuts that kicked in a week from tonight, actually? from a week ago tonight? can they continue to keep these job numbers going. michelle, your thoughts on this. i mean, from people who know a lot more about this than me say that these cuts are going to not turn the recovery around. but certainly slow it down. obviously, the republican party, which is desperate for any piece of bad news about the economy and there still are plenty of bad pieces of news about the economy are going to seize on that and blame obama for any slowdown that comes about as a result of their own intransigen intransigence. it is obama s economy right now. three years of this. as you said in your first ....

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Detailed text transcripts for TV channel - MSNBC - 20130309:01:03:00

The big panel weighs in. plus former congressman bob may of ohio is going after his fellow republican, speaker john boehner. and he s the activist who dressed up like a pimp to exsuppose acorn corruption. when i said i ll turn tricks, i was expecting them to like, whoa! they just heard it and it was business as usual. now james o keefe is paying $100,000 to a victim of his stunt. today, ex-acorn employee juan carlos vera joins me for an exclusive. thanks for watching. i remember when president obama got elected and they did the stimulus package and the republicans just couldn t wait to say, oh, this is obama s economy. you know, we show you this chart every month. the united states economy has experienced three straight years, that would be 36 months, of private sector job growth. ....

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Detailed text transcripts for TV channel - MSNBC - 20130309:01:06:00

Ernst & young, destroy 700,000 american jobs. what firm was that? john boehner was worried about losing 700,000 jobs because of tax increases? well, sports fans, it just didn t happen. instead, republicans slash and burn policies have cut 740,000 jobs. now i don t know about you, but i m starting to notice the real problem here. republican policies help lose jobs. the president s policies help add jobs. and the truth is hard for republicans and conservatives to take at this point. anything positive happening in the economy, if there are any positive numbers, they re fake. fake for three years, rushbo. come on. it s important to point out the latest numbers don t cover the spending cuts from sequestration, which i ll get to a commentary on that in a moment. we know these cuts will have an impact on the economy. a white house spokesman talked about the impact of the ....

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Detailed text transcripts for TV channel - MSNBC - 20130309:01:05:00

Five private sector jobs has been created. and let s be honest about what government jobs are. they are teachers, they are firefighters, police officers, first responders, public safety workers. republicans, you know, they are okay with losing these kinds of jobs. they would rather protect the wealthy. now remember what republicans told us when taxes went back to the old clinton rates at the beginning of the year for folks who have got an income over $400,000. they use the same old tired line that they always used. if you raise taxes on the so-called rich, you are really raising taxes on the job creators. yeah, you can t raise taxes on the job creators. oh, yes you can. republicans followed the lead of george w. bush and said this fiscal cliff tax increases would just crush the economy. raising those rates on january 1st would, according to the independent firm ....

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