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Detailed text transcripts for TV channel - MSNBC - 20100912:13:20:00

sales are up. do you think this suggests the economy is rebounding better than people thought? >> certainly better than some the pessimists were thinking a few weeks ago. we've seen the number of jobless claims fell a good bit last week. we've seen decent jobs number. we're getting to the point where we're in a not a great recovery story but we are in an expansion nonetheless even though it' not very stronging. >> people have not been spending for so long. do you think people are tired that hs ave? >> absolutely. there's a catchup effect where it's not just that - psychological. maybe you delayed buying a car but eventually you need a new car. we're seeing that kind of action as people feel moreth confidentn the future. >> how about the president having talked about the econom on friday? let's talk about the new stimulus ideas out there. how are they going to help or will they help? are they enough? >> i'll tell you, the kind of reaction we saw in washington lasteek to the president's proposals, one of them is a research and development tax

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