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Detailed text transcripts for TV channel - MSNBC - 20120707:12:07:00

skills, build their resumes and keep their spirits up. when i worked in the job center, didn t see one official come through in 18 months and say don t give up, keep trying. people hid from the unemployed. one problem, even at the small business level, even though it s referred to as a big industry problem is the lack of certainty coming from washington, whether it s the tax policies that are going to be going on for the next few years. dealing and talking with the customers that i have on the east side, nobody s looking to hire. everybody s become more efficient operating at this level. they re turning a higher profit. let me get into that for a second. i always thought the uncertainty thing sounded sort of fishy to me as an economist. if you re an employer, you re

Detailed text transcripts for TV channel - MSNBC - 20120707:12:20:00

particularly republican party and republican congress, they said, i don t want to do anything more. we have a story that we want to tell about that s grounded in this uncertainty thing. we re going to remove uncertainty as opposed to i thing thk that s exactly r. the recovery act worked quite well in terms of being implea millionaired when it worked fairly quickly of breaking the back and turning gdp losses into gains and pulling the job growth forward. the problem is it didn t last long enough. the difference between now and 91 and 92 and pretty much any earlier recession go back to the great depression the length and the depth. that calls for more counteractive kind of medicine to offset it and that s where we ve fallen short. and majora. absolutely. i totally agree with that. one of the things we might consider doing that one of

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