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Detailed text transcripts for TV channel - MSNBC - 20100709:11:27:00

collectively and more layoffs to come at the state level. this is the big debate on the democratic side which allows more room for republicans to just, you know, put their hands up and say, you know, we got to stand in the way of these guys. mort? how do the democrats get around the fact that they put forth $800 billion stimulus program and promise that the unemployment rate would in the get beyond 8% only to find here we are a year later the unemployment rate is way beyond 8%. the $800 billion seemed to have very little effect. the whole country knows if you have a mortgage that exceeds the value of your home and a credit card line you can t afford that that that consequences and, therefore, they don t want the country to increase their debts. i just think the republicans are in very advantageous position to make these arguments and the democrats have very little to respond. what they have promised has not worked and by far the most

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