Detailed text transcripts for TV channel - MSNBC - 20110806:01:01:00
United states now as aa-plus with a negative outlook. the decision by standard and poor's has launched criticism with not only did they make the wrong call, but that standard and poor's basic math may have been wrong in calculating what they needed to calculate in order to decide on this downgrade. later in the show we'll be joined by jerad bernstein, former chief economic advisor to vice president biden, we'll get jerad's help. we'll also be joined by some of the top economic reporters in the country that have been covering this action today and the controversy that surrounds it. after the ma...
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