Detailed text transcripts for TV channel - MSNBC - 20110126:03:50:00
Development, biotech, high tech comes from those private investors and why not bring american money back to create those jobs rather than borrowing the trillion dollars from china to try to do it a different way? >> you know your stuff here. let's bore down on this. basic research. the president argues that basic research needs federal money. yes of course it's commercial applied later. do you accept that argument? >> i think it's the seeds that are able to grow in another field but both have to work the other. the trouble is right now we think about all of the private sector money isn't there...