Detailed text transcripts for TV channel - MSNBC - 20110818:19:04:00
For more on this we're join bid mark zandi, chief economist from moody's analystics. and jerry bernstein. thank you both for being here. >> thank you. >> thank you. >> jared, talk to me about this concept of a policy induced slowdown. is this sort of thing actually happening or is policy just sort of a minor contributor to recoveries and recessions. >> imagine the economy like a glass of water. that glass right now is half full at best. that means there's room for policy to come in there and top things off. now, if the glass was full, if the economy was percolating along at full employment wit...
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