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Detailed text transcripts for TV channel - MSNBC - 20111201:12:12:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20111201:12:12:00

Disconnected. even if he would come out and hold a press conference and it would only take 60 seconds and say i know we have a debt crisis in europe, in america, i know right now that capitol hill is fighting to figure out the best way to balance things moving forward to make the cuts that need to be cut, this is my recommendation. just go back to the presidential commission, enact simpson/bowles, and we'll move forward from there. >> i think it's right to say that both sides are completely reckless. >> reckless. >> both sides. >> both sides. >> totally irresponsible. and what is remarkable is...

Detailed text transcripts for TV channel - MSNBC - 20111201:12:15:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20111201:12:15:00

Works is strange. it can put up with irresponsible fiscal policies for a long time and then it wakes up and notices the arithmetic doesn't stack up and then you find yourself on the wrong end of rising rates. start having to enact austerity measures and down you go. that's a big problem we have, i think, which goes back to where we began. how will this economy do in the election year? which is while they'll fiddle in washington, they put themselves in a position where they're going to have to be crude spending cuts, not the carefully designed ones that simpson/bowles came up with. an automatic...