Detailed text transcripts for TV channel - MSNBC - 20140207:11:51:00
Faster growth is by more investment. we are cutting investment. we went for consumption-led recovery we've been talking about for years in my view is the wrong way to go. there's nothing that makes growth magically appear to fund a more dynamic budget. but they are projecting modest growth basically over the next 10 years. >> i disagree with projections on economic growth, i think we have a great decade ahead. >> i hope you're right. >> i do agree with jeffrey 100%, mika, that we have everything backwards. you look at the cuts that we're making to our budget, accounts for 10, 11, 12% of our bu...