Detailed text transcripts for TV channel - MSNBC - 20110323:08:52:00
With that profit is sitting on it. they've not been plowing it back into the kind of investment that would create jobs. isn't that right? >> i wouldn't say this has been a theory very amenable to evidence. in the bush years of course we lowered taxes on the rich dramatically and i don't think says it was a great time. but as you say there was a shifting rationale. it's all about deficits and they want to come in and extend the bush tax cuts at a cost of 4 trillion and then all about reducing uncertainty and now we're here, bigger deficits, a lot of uncertainty, and unclear economic philosophy....