Detailed text transcripts for TV channel - MSNBC - 20120214:05:48:00
The first is republicans are caving. yay, democrats. that is interpretation a. republicans caving. interpretation b. democrats, look out! it's a trap. so which is it? a victory for democrats or a plot by republicans? the argument for interpretation b goes like this. payroll tax cut negotiations are not just about the payroll tax cut. they're also about extending unemployment insurance benefits and preventing a massive cut to medicare, that for reasons frankly too inane and complex. the unemployment insurance benefits are hugely important to both the economy and unemployed. economic forecasters...