Detailed text transcripts for TV channel - MSNBC - 20111023:18:24:00
I went to school when we had none of those. i could work my way through college and medical school because it wasn't so expensive. so when you run up debt, you print money, cost goes up in the areas that the government gets involved in, education and medical care and housing, so it artificially distorts the economy. so we have to look at the business cycle and the inflation, so it doesn't help people. all this housing programs? they end up losing their jobs and losing their houses. i mean what we're witnessing today is the failure of a keynesian economic model, and today we have to replace it ...
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