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Transcripts for MSNBC The Last Word With Lawrence ODonnell 20210814 02:42:00

Temporary move. and what this next piece of legislation, the $3.5 trillion that s being proposed, there is an effort to make that more important, to extend it up to five years. and so, you know, you look at an accomplishment like that, we just pulled almost half of all the kids living in this country out of poverty. why on earth would we let them slide back in? we ve demonstrated how easy it was to pull half of them out. why don t we turn our attention to the other half? and it s pretty cheap, compared to the other things we do, pretty cheap. i guess my question is, the inflation cudgel is back. and people often use it with respect to if we have too much debt, the money will be worth less and we ll have inflation. the inflation we re seeing today is real, gas prices are up 50% from where they were last year, none of which has anything to do with debt or deficits. yes, absolutely right. what we re experiencing are what i ve been calling growing pains. we have just been through, and ....

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Transcripts for MSNBC The Last Word With Lawrence ODonnell 20210814 05:42:00

Five years. and so you look at another complement like that. it simply puts half of all the kids out of poverty. how would we let them slide back in? how on earth can we do that? we ve demonstrated how easy it is to poll half of them out, why don t we turn our attention to the other? half and it s pretty cheap. i guess my question is that the inflation cudgel is back. and people often use it with respect to, if we have too much debt, the money will be worth less and we will have inflation. the inflation we are seeing today israel. gas prices up 50% from where they were last year, none of which has to do with debt or deficits. yes, absolutely right. what we are experiencing is what i call growing pains. we ve just been through, and let s be real, we are still going through it, right? this virus is not done with us. so we have an economy, and i m talking about a global economy, that has experienced in different parts of the world at different times, waves of the ....

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