Detailed text transcripts for TV channel - MSNBC - 20111027:20:09:00
>> yeah, we're up to our eyeballs in debt. so is europe. the middle east is literally on flames. so in many ways, we're going to have to find some mechanic to create economic growth and some rational spending policy, is that's going to mean dealing with the reality of our demographics problems and our entitlement problems. >> but isn't the mechanism of growth, which we all agree is the only way we're really going to solve these problems, what we saw in the marshall plan, which was a debt forgiveness for germany after the war, so that they could build an economy and germany that could grow, deb...