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Detailed text transcripts for TV channel - MSNBC - 20110108:12:05:00

we ll get to the latest here. there s evidence that people are buying this, that you are seeing this tax package working this quickly? reporter: well, the president is trying to emphasize the positive in the jobs report yesterday and there s some positive. it was a sharp drop from 9.8% to 9.4% in the monthly unemployment rate for december over november. but a lot of people say, look, there is a dark-cut lining around the silver cloud, and that s a lot of people, some 260,000 people are simply giving up trying to find work and dropping out of the workforce. that s partly responsible for the reduction in that number. the president is also trying to emphasize as you saw the tax policy that he put in place, and its role in reinvigorating the economy. yesterday he went to a small business in suburban maryland that took advantage of some of the tax breaks for some of the replacement windows you see people putting in their homes these days. that business expanding. also taken advantage wa

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