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Detailed text transcripts for TV channel - MSNBC - 20130320:05:57:00

balance, just that the economy is growing faster than the debt, while the plan does put the debt to gdp ratio on a downward trajectory, it probably doesn t need to be quite as steep. ezra klein, this is a big deal, and you re here on this show to prove it is a big deal. you would never come out this late if this wasn t a huge deal. absolutely not. this is huge. the debt is the reason we have to do all these terrible things to medicare, which we republicans really love. it is just the debt is forcing us to do it. there s no rationale. if you read paul ryan s budget, and i have read every iteration, the first ten pages of the budgets is the same, this is a very apocalyptic, mad max scenario about the kind of debt crisis america faces. a crisis which the currency is completely devalued. we print and print money, inflation races up, financial markets collapse. it is compared to that where

Detailed text transcripts for TV channel - MSNBC - 20130320:02:58:00

a crisis which the currency is completely devalued. we print and print money, inflation races up, financial markets collapse. it is compared to that where block granting, repealing obama care, voucherizing medicare, doing all of the things he does, in comparison to the debt crisis, all of that is fine, moderate, it is just a necessary painful medicine for a deep disease. if we don t have a debt crisis though, if the whole thing is not about deficit reduction but about making radical conservative reforms to the government, nobody likes it. that s what paul ryan found out in the first 10, 12, 15 years of his career when he didn t have the deficit reduction thing and pushed social security privatization and unfunded prescription drug benefit. nobody wanted the big conservative performance. it is only when he became the budget guy and cloaked them in deficit reduction that they took

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