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Detailed text transcripts for TV channel - MSNBC - 20130601:14:36:00

They will each blame each other for it. people who are inclined to vote republican will assume it s the president s fault and vice versa. so no, i think the economy will play a role in the 2014 elections and i think to the extent that it continues to pick up a little bit, that s advantageous to the democrats. but i don t think specifically the mess created by the sequester is going to play a big role because it s just really not clear who to blame for it. but i give the president a little bit more credit for focusing on the stock market and home prices because there are two aspects to this. one is when stock values go up an home prices go up people who own those things are better off. but the other is there s a reason home prices and stock prices are rising. that reflects expectations of greater economic growth, further higher corporate profits in the future because there will be more consumer demand. on the home prices, people are willing to invest again and it reflects pickup in the ....

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Detailed text transcripts for TV channel - MSNBC - 20130601:14:10:00

Median wages, or we ve got a bimodal distribution? average earnings are up about 2% year over year. median earnings, which is a little different than average, are sort of bumping along and slightly ticked upward in april. but the reality is there is a lot of activity going on in the private sector economy that wasn t happening a year, two, three years ago. i m talking about auto production, housing starts, just generally people working, and that, i think, in the mind of a lot of economists and people who look at this very big picture of the economy, they look at that and say $85 billion in the sequester, we re sort of powering through that. let me ask about this, though. so it could be there are two different ways to think about this as a problem. one is that it is an absolute bad that makes things worse. the other is that it is a relative bad, that we are doing better but we could be doing even better, right? so if i have one cookie on my diet, it s not the end of my diet but i wo ....

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Detailed text transcripts for TV channel - MSNBC - 20130601:14:30:00

Basis who no longer qualify for extensions as far as unemployment go. so they are like literally living without an income. diedre, i can sense your exasperation and i want to tell you how much i not only appreciate you joining us here on the mhp show but the fact you re going to testify in front of ou l of our lawmakers. thank you for doing that. thank you. we re going to talk about the politics next. is anybody going to lose their job because of the sequester? having a heart attack. i was in shape, fit. i did not see it coming. i take bayer aspirin. [ male announcer ] so be sure to talk to your doctor before you begin an aspirin regimen. see your doctor and get checked out. before you begin an aspirin regimen. selena is looking for a change from fast food breakfast. a serving of breakfast like this walmart is less than a $1.50. really. if your family of four switches out breakfast just one time each week, you can save over $550 a year. sounds good. smells good. save on kraft bre ....

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Detailed text transcripts for TV channel - MSNBC - 20130601:14:06:00

Budget control act to raise the debt ceiling. now, it was supposed to be temporary, but instead after nearly two years, the white house and congressional back and forth, sequester has now become the new normal. a new normal that cut federal spending by $85 billion. that translated to a 7.9% cut to defense spending, another 4.6% cut to other programs. but consumer confidence is high, housing is back, the dow is up, so sequester isn t really having much of an effect, right? well, think again. the budget for national parks, those things that people like to go to when the weather is nice, have been cut by more than $100 million. who cares about whether or not low income american indian kids want an education? because the sequester cut $60 million for american indian schools across the country. and if you re poor and you re in need of housing, sorry, because housing authorities have essentially stopped issuing rent vouchers because of the ....

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Detailed text transcripts for TV channel - MSNBC - 20130601:14:15:15

Detailed text transcripts for TV channel - MSNBC - 20130601:14:15:15
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