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Detailed text transcripts for TV channel - MSNBC - 20121121:03:23:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121121:03:23:00

I want to put up that dragon chart again. nick, as a venture capitalist, somebody who has been involved in growing companies, with you look at that, how do you understand the trends on that chart? >> you know, my view is that the papa john's complaint, the chart, the way in which our economy is structured to, you know, increase inequality in this crazy way represents a death spiral. when all of the money in a society is accumulated in the hands of a tiny minority of people, most people can no lo longer afford to buy the products from the companies. and the reason why our economy is in such tou...

Detailed text transcripts for TV channel - MSNBC - 20121121:03:27:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121121:03:27:00

Any of these arguments, given how rich the rich have gotten, we would be drowning in jobs and prosperity. it's the opposite of true. the way you animate prosperity in a capitalist economy is by raising the bottom. and using the surpluses. >> nick, we'll have to leave it the there. thank you for joining me tonight. and enjoy. coming up, new jersey governor chris christie isn't getting any love from his own party. and later, one person we shouldn't be listening to when it comes to when workers should be able to retire. the ceo of goldman sachs. i'll explain why. take alka-seltzer plus cold & c...

Detailed text transcripts for TV channel - MSNBC - 20121121:03:22:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121121:03:22:00

But you know who it helps? businesses that have taken another approach to roft. the ones that have sought success by giving them reasonable benefits and delivering a higher-quality product. under the affordable care act, they take less in profits or they have to raise prices. either way, that means their competitors, the ones paying more for benefits and get a bit more of an advantage in the marketplace. the high road strategy becomes more profitable. and as for those workers, they are not going to be able to get health insurance either from their employer or from the government. that doesn't ...

Detailed text transcripts for TV channel - MSNBC - 20121121:06:23:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121121:06:23:00

>> how are you? >> i'm good. i want to put up that dragon chart again. nick, as a venture capitalist, somebody who has been involved in growing companies, with you look at that, how do you understand the trends on that chart? >> you know, my view is that the papa john's complaint, the chart, the way in which our economy is structured to, you know, increase inequality in this crazy way represents a death spiral. when all of the money in a society is accumulated in the hands of a tiny minority of people, most people can no longer afford to buy the products from the companies. and the reason why ...

Detailed text transcripts for TV channel - MSNBC - 20121121:06:22:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121121:06:22:00

Reason to hate the act. but you know who it helps? businesses that have taken another approach to profit. the ones that have sought success by giving them reasonable benefits and delivering a higher-quality product. under the affordable care act, they take less in profits or they have to raise prices. either way, that means their competitors, the ones paying more for benefits and get a bit more of an advantage in the marketplace. the high road strategy becomes more profitable. and as for those workers, they are not going to be able to get health insurance either from their employer or from the...