Detailed text transcripts for TV channel - MSNBC - 20120614:11:08:00
Following financial crises, just period. because you wind up with this ugly combination of very slow growth and a very weak labor market and this massive increase in debt, both of which the population doesn't like and that's true in europe, it's true here if you look historically when you're hit with the financial crisis, the government suffers or the popularity of the government suffers. i mean that's not to say we shouldn't sit here passively but we should recognize it's not pleasant to live through the aftermath of a financial crisis. which is why we want to prevent them. >> when you wrote ...