Detailed text transcripts for TV channel - MSNBC - 20130719:10:06:00
Plans and just how excessive they are. the fact that there's a living wage there, quote living wage, that's higher than the regular wage and that there's one regulation after another after another that's brought detroit down. at the end of the day, steve, aren't those just ideological arguments and isn't this really just about an auto industry that moved overseas? >> it is in part, joe, and you're right to trace the decline of detroit going back a ways. what's interesting about the other bankruptcies that you showed a minute ago, is they all had exogenous effects in a way to their bankruptcy. ...
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