Detailed text transcripts for TV channel - MSNBC - 20130131:21:20:00
We're not doing enough in the economy, but neither are we in recession. >> okay. if you understood that, great. here is what i understand in terms of the politics. we're seeing republicans though sort of suggesting that perhaps they can use this against the president because this gdp number kind of gives them some leverage. obviously we're going into sequestration and a whole host of fun fiscal talks, yes? >> sure. they've been doing it. this has been their line of argument. the thing i find very interesting here is so the contraction in gdp was because of contractions in defense spending, but...