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Detailed text transcripts for TV channel - MSNBC - 20110816:22:22:00

the president is on the topic of jobs. that is where we need to put 80% of our focus, and it is the reason we have these deficits, because we re losing $4 trillion in this decade, because people aren t working. we ve got, oh, 12 to 25 million people out of work or working two and three part-time jobs. this is a huge drag on the economy and also our trade deficit. we re half a trillion more goods come in here from elsewhere than we re able to export. the trade deficit is a hue downdraft on growth in this country, so the president is on the right subject. i find the president sort of between home plate and first base inรง terms of where he reay needs to be on jobs, and we need to incentivize job creation in our country, because all these tax benefits that have been going out for well over a decades have created jobs in china, jobs in indonesia, jobs in mexico, but not enough jobs

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