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Detailed text transcripts for TV channel - MSNBC - 20110407:05:19:00

Through and came up with the announcements there would be free turkeys for everyone. they never materialized. things got a heck of a lot worse. so it was far worse than it would have been had they done nothing in the 2000s. that s what we re looking at today. this kind of budget is going to be bad for employment. not only will we not see the kind of gains they are predicting but it s going to be bad. let me talk about one other thing. the second unicorn, i think, that just popped out at us is they expect that the investment in residential in residential structures in new homes, will be twice the pace as what it was during the housing bubble. and so when you look at how they expect the economy to grow, they expect us to go back to the 2000s. and, of course, not only is that bad policy, but it s also not going to happen. ....

Second Unicorn , Housing Bubble ,

Detailed text transcripts for TV channel - MSNBC - 20110407:02:20:00

Be bad for employment. not only will we not see the kind of gains they are predicting but it s going to be bad. let me talk about one other thing. the second unicorn, i think, that just popped out at us is they expect that the investment in residential in residential structures in new homes, will be twice the pace as what it was during the housing bubble. and so when you look at how they expect the economy to grow, they expect us to go back to the 2000s. and, of course, not only is that bad policy, but it s also not going to happen. you know, one of the things that i think hasn t there s two things i think haven t been highlighted enough. one is the massive amount of tax cuts that are in this. right? i mean, what kind of order of magnitude are we talking about in terms of what the tax cuts are and who are they there for? the real kicker here is that they are going to cut the tax rates for the richest 2% of us, down to 25%. and they are going to keep revenue neutral. so you know ....

Second Unicorn , Housing Bubble , Hasn T , Tax Cuts , Haven T , Tax Rates ,