Detailed text transcripts for TV channel - MSNBC - 20170916:16:56:00
Of 700,000 u.s. jobs. it would result in a 700,000 job stimulus for american workers. this would amount to nearly 30,000 new u.s. job openings for american workers every month once the program is officially phased out. it reads well, katherine, but the economy is a very dynamic thing. that's not really a good reflection of how jobs work in america. >> not at all. they refer to this as the lump of labor fallacy. the idea there's a fixed amount of work and you can spread it over fewer people or more people. no, when you have more workers, they create economic activity in a sense. >> they make mo...