Detailed text transcripts for TV channel - MSNBC - 20100811:19:02:00
American, and i want to talk about the middle class and many people say the disappearing middle class in just a second. but they were told for year, as you know, you're spending too much, you're spending more than you earn. credit card debt was at record levels. spending was near record lows. and now people are saying you know what, i probably shouldn't have spent all that money, i shouldn't have run up all that debt. they're cutting back, trying to reign in spendi ispending. do we really want to go back to those old ways? >> we don't want to go back to the old ways. what is rational for an in...
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