Detailed text transcripts for TV channel - MSNBC - 20111007:01:07:00
Downturn. that is exactly what we're not doing. instead the number two republican in the house, eric cantor, is saying the jobs bill is dead, but he's not proposing any serious alternatives. meanwhile, republicans are trying to intimidate the federal reserve into cowering in the corner until the end of the 2012 election. you would think the republicans would be horrified at the thought of letting european leaders decide an american election. in fact, they sort of seem to be courting it. joining us now is jared bernstein, a former member of president obama's economic team, a former economic adv...