Detailed text transcripts for TV channel - MSNBC - 20120827:19:27:00
Crisis that we have right now. it is a jobs crisis. and it is a demand crisis in the economy. people who don't have money because they don't have jobs or afraid of losing their jobs and they are not spending money. if you can get the economy moving by getting people spending their money again then it is a windfall of revenue and the picture wouldn't look nearly as bleak. i'm looking at, you know, interest rates on government bonds kind of ridiculously low right now. which to me says if you have a demand crisis and you have the nonexistent interest rates, isn't this the time for government to s...