Detailed text transcripts for TV channel - MSNBC - 20110224:21:06:00
So i think we'd be far better -- >> i disayre with that. >> -- dealing with something within our control. >> oh, i disagree with that. we could put in place a tax on the conversion of dollar and t on. and also raise the cost of investing in china by american companies. we could do that if we wanted to. >> is what you're suggesting with the v.a., it wilbur, basically a bypass that creates the equivalent impact of the currency tax that peter's talking about? >> yeah. it not only does that, but china is not the only country with which we have a trade deficit. we have trade deficits with europe. w...
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