Detailed text transcripts for TV channel - MSNBC - 20181023:19:39:00
Literature and looks at what happens over countries that become socialist over a period of time and compare the u.s. to nordic countries and find surprising things. like if we were to adopt the typical economic policy of the nordic countries in the '70s, the economic literature in the u.s. said gdp would drop by about 19%. and if you take a typical scandinavian and move them to the u.s., their income goes up 50%. here we have an opportunity where you can actually move ahead and scandinavian policies hold them back. so there's a lot of foods for thought if we want to go in the direction of soci...