Detailed text transcripts for TV channel - MSNBC - 20111004:10:20:00
To show. but i think it's important for people to understand this arithmetic. they don't feel this way but the united states is the only high income country in the world that didn't raise the share of taxes and gnp from 1965 on ward. other countries did. as we aged, as we needed more infrastructure, as we needed to spend on science and technology, and the countries like sweden, like denmark, that i talk about, germany and others, are right now with lower unemployment, better wages, job skills, keeping their manufacturing sector whereas we haven't paid our way and we've ended up with a huge und...