Detailed text transcripts for TV channel - MSNBC - 20110803:05:06:00
About the long term war than it was about this one battle. >> he's done a lot of insisting that he's backed down on. he should be saying we don't have a debt crisis. we have an economic crisis created by the collapse of the housing market. he said that the deficit projected for when he came into office was over a trillion, then we got the recession. no, he and his advisers know it was about 200 billion. it was not a large deficit until we got the recession. the whole story here is the recession, and he should be telling the american people that. it's not government out of control, it's the rec...