Detailed text transcripts for TV channel - MSNBC - 20131217:14:42:00
Them more money they would spend it. for instance, in 2009 they totally missed the idea that, hey, guess what, consumers were actually going to act more conservatively, small c, and pay down their debt and they didn't spend the money on the economy, therefore blowing the forecast of what the stimulus would do. is that right? >> that's right. and in a sense that's what happened in the business community as well, that what the data show is that there's an extraordinary amount of uncertainty that is in the economic environment essentially deriving from the crisis of october, september, the latter...