Detailed text transcripts for TV channel - MSNBC - 20100701:13:21:00
It was based on the bubble. >> so you're saying basically states have to take their medicine and ultimately we'll all be better off for it, but in the many time -- >> it will be bad. >> obama sent money to the states and now they don't want to send anymore. you don't understand the way the economy works. we will, typically in a month, lose 4 million jobs and when we are growing jobs, we will hire 4.1 million people. it's the net, it's the -- one of the things that is one of the strengths of the u.s. economy is the flexibility, the mobility. these are thing these don't have in europe what steve...