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Detailed text transcripts for TV channel - MSNBC - 20121119:12:28:00

i believe in prayer when i go to church, back home, and if a buddhist monk is wishing me well, i m going to take whatever good vibe he s can give me to try to deal with some challenges back home. i m confident that we can get our fiscal situation dealt with. hopefully that will help. here with us now dean of columbia university s business graduate school and former economic adviser to the romney campaign. glen hubbard. glen, you caught people s attention last week when you said the first step to avoiding falling the fiscal cliff is to raise average tax rates on upper income taxpayers. what are you doing? huh? you were a trader, 53%. what is wrong with you? here s the deal. obviously we would be better in my view if we didn t raise taxes on anyone and we did everything on the spending side. we just had an election. we re going to have to have some compromise. and i think step one is figure

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