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Detailed text transcripts for TV channel - MSNBC - 20121103:14:45:00

Gdp has grown at 1.7% and we know we are in a pretty sluggish economy. there is a huge disconnect between what s proposed and what s going on outside this window? that s the big deal. the claim is, i m going to go in and cut taxes. don t worry, cutting taxes is going to be stimulative. we are going to end up with way more jobs and there will be fewer taxes from each individual. there will be way more people paying into the tax system. revenue neutral. lakshman is telling us you have a choice over how much you charge people in taxes. they may not produce all the jobs. what he is doing on day one is adding to the deficit. could be but let s go back to 1980 and ronald reagan. changed tax policy, a similar situation to now. i don t know many people who trust washington to have any more money to spend. i think reagan is a great example. he did cut taxes and we had ....

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Detailed text transcripts for TV channel - MSNBC - 20121103:15:27:00

President who granted a request we made which will increase people s food stamp allocation by 50%. let s give the president a round of applause for that. that was new york governor, andrew cuomo, speaking earlier this morning at the national guard food distribution site for victims of hurricane sandy. it is the most recent reminder that the greatest economic closing arguments that candidates can make is how they are going to prepare for the future. lakshman, you have been saying earlier, here is a moment in disaster relief. as much as republicans have hammered on food stamps. here it is, this is going to feed hungry people. to the broader point. can government step in and make a difference to the shape of the business cycle, absolutely. so during the great recession, you saw the former president ....

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CNNW Your Money October 9, 2011

indicators, monitor them. there s an overwhelming message when we look at those indicators that is consistent only with the new recession starting here. if you think back to 2008, when we made that call, then it was prior to the lehman crisis economists were looking backwards at gdp. and all they saw was positive gdp. once we saw the lehman crisis everybody was on board with the fact there was a recession. before that there was a question. correct. when you see gdp positive or jobs numbers positive, you say there isn t a recession and you get pushback. time will tell. harvard professor ken rogooff is chief economist for international monetary fund. you ve been on the show before. your point of disagreement, you say a lot of people feel the recession never ended. now, we are four years away from the official start of this recession. it started in december of 2007. we re certainly three years into the worst of it. where do you think this ends? well, i think we may ....

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CNNW Your Money October 8, 2011

this is based on the forward looking indicators of the business cycle. that s all we do is watch those indicators, monitor them. there s an overwhelming message when we look at those indicators that is consistent only with the new recession starting here. when you think back to 2008, while we made that call, then it was prior to the lehman crisis economists were looking backwards at gdp. once we saw the lehman crisis everybody was on board with the fact there was a recession. before that there was a question. correct. when you see gdp positive or jobs numbers positive, you say there isn t a recession and you get pushback. time will tell. harvard professor, chief economist for international monetary fund. you ve been on the show before. your point of disagreement, you say a lot of people feel the recession never ended. now, we are four years away from the official start of this recession. it started in december of 2007. we re certainly three years into the worst of ....

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Detailed text transcripts for TV channel - MSNBC - 20110708:15:14:00

Be prudent to be putting the brakes on an economy that s already slowing. it s a huge problem in the medium to long term. you ve got to deal with it and deficit. lakshman, great to have you on this morning. thanks for your time. thank you. other big news today, it s coming to us from cape canaveral, florida, where in less than 20 minutes nasa is scheduled to send the last space shuttle into orbit. the crew is on board, and they are all fueled up. they are ready to go. and mother nature is cooperating right now. this countdown is being held at t minus nine minutes from lift-off. the crew and all their support staff are going through their final checklist. the lift-off, which was threatened, as i said, by bad weather, is scheduled for 11:26 eastern time. my colleague tamron hall, host of msnbc s news nation, is watching it all front and center from kennedy space center in florida. she s going to be anchoring our live coverage from there. also nbc s tom costello is going to be the ....

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