Detailed text transcripts for TV channel - MSNBC - 20130724:15:11:00
Craziness we rant about down here, and show people that he shares their same vision of an economy that reaches them, reconnecting economic growth to their prosperity. >> in the simplest of terms can you explain for us, explain for our viewers at home what is it about the middle class specifically that makes this particular group so essential, so vital to a robust economy? >> it's a great question. our economy is about 70% consumption. in europe it's about 55%. so if the middle class isn't doing very well, if their incomes are stagnant and they are not spending very much, either the economy gro...
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