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Detailed text transcripts for TV channel - MSNBC - 20131206:23:24:00

it s not just that families will get more money and spend it on things they need. what we saw in the 2000s is that they ll spend more money even if they don t have it and they ll do so through credit. and we have had these massive credit bubbles that have proved to be not only unsustainable but deeply damaging when they bust. so when the economy is growing, if all that growth concentrates at the top, president obama spoke about this eloquently this week. not only is it obviously bad for low income people, but it s unsustainable because it generates. on monday you are helping lead a national day of action on public education. tell me about what you re doing. just like we re fighting income equality, we have to fight education inequality. and that means the places that have gotten hurt the most by austerity, by privatization, by attesting fixation.

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