Detailed text transcripts for TV channel - MSNBC - 20101209:20:12:00
Everybody was freaked out, right? >> didn't fdr implement the programs to get people back to work? >> that's the folklore, but that's not actually how it happened. he put his hand on the bible. he said i swear to solemnly up hold everything with the constitution, and the recovery began that second before he did anything. that's not part of what part-time are talking about. once it turns, and it's turning. it's much more powerful than a tax cut for spending benefit. so to suggest that unless you do something there's no recovery is not true. it's factually untrue. it undermines the confidence th...