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Detailed text transcripts for TV channel - MSNBC - 20150403:19:28:00

that we re going in the right direction? well i think 2014 was as good as it was going get. also in 2014 we had zero productivity growth in the private sector. that s observed. they know how to use them and do that year after year and as the demand grows they will be using up some of that slack. it s silly to think that you can grow it go and a half percent a year and have two and a half percent job growths. we just don t function that way. i don t think that jer red thinks that we function that way. it s seeing the slower job growth for next year. i think the key point here is that and we probably all agree that while things are improving we re not at full employment yet. there s slack in the labor and

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