Detailed text transcripts for TV channel - MSNBC - 20121011:10:49:00
>> are you better off now than you were four years ago in terms of the budget deficit and the gdp? >> so on gdp yes, on budget deficit, clearly you can see we have taken on a lot of money. now, what's interesting about the budget deficit is where it actually comes from. i think a lot of people presume that the stimulus is responsible for most of that. and in fact, it's not true. if you look at our deficit and our debt, the debt number between 2001 and 2010 has gone way, way up. 17% of that is the bush tax cuts. about 12%, 13% of that are the wars in iraq and afghanistan. the stimulus is respon...