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Detailed text transcripts for TV channel - MSNBC - 20110726:20:20:00

but we ve got to the difference is, are we doing that with taxes and increasing taxes? the president is trying to get to a solution. i m frustrated he s put taxes as the solution. it gives the impression 20 the american people if we ll just raise taxes on a few rich people it will solve the problem. that s a $1 trillion solution to a $10 trillion problem of deficits. that doesn t solve the problem. it s $10 trillion. argue how they changes economic active but that doesn t solve the problem. this thought of rush out and raise taxes and everything is easy then is not true. we still have hard decisions i. argue that i agree running out of raising taxes to solve the problem is a knee-jerk reaction that doesn t necessarily help. i would argue that dent tickly stupid is running out and cutting a bunch of things without actually understanding why we have the deficit in the first place, and understanding the extraction going on at this country s expense. specifically through trade and ba

Detailed text transcripts for TV channel - MSNBC - 20110726:20:47:00

idea, first off. right out of the gate. i congratulate you on that. give us a sense what you offer and what your message is. our time is empowering voters and act collectively in order to build power for our generation, but more importantly towards that power we want to innovate the economy. the way 20 do that, build a large place we launch, founded by entrepreneurs under 30 or around 30, all of whom are discounting their products at 30, 40, 50% off or more for 30 days to help these businesses grow, create jobs and give back to their communities and support the small businesses with the highest growth rejection in this country. what is it in the american history or had politics that inspired you to go with this methods? my generation i don t have to

Detailed text transcripts for TV channel - MSNBC - 20110726:20:25:00

one thing missing a brac-type panel. so much of this conversation is so divorced from, okay. what will the impact be at the main street level? what s it going to mean for people who are tenures? people who are already retired? what s it going to mean for family where is the kids are trying to go to college? one of the biggest things missing from this conversation at this point which is why we re having this ethereal conversation about cutting this, taxing that. how s it going to affect the people of our country? we leave it that. one ever two things going on in the washington debate is. either both parties do not understand our country s problem or are both paid by special interests to avoid it. which is it? we ll ask a man on the inside, foreign white house economic adviser jared bernstein with the panel after this.

Detailed text transcripts for TV channel - MSNBC - 20110726:20:20:00

difference is, are we doing that with taxes and increasing taxes? the president is trying to get to a solution. i m frustrated he s put taxes as the solution. it gives the impression 20 the american people if we ll just raise taxes on a few rich people it will solve the problem. that s a $1 trillion solution to a $10 trillion problem of deficits. that doesn t solve the problem. it s $10 trillion. argue how they changes economic active but that doesn t solve the problem. this thought of rush out and raise taxes and everything is easy then is not true. we still have hard decisions i. argue that i agree running out of raising taxes to solve the problem is a knee-jerk reaction that doesn t necessarily help. i would argue that dent tickly stupid is running out and cutting a bunch of things without actually understanding why we have the deficit in the first place, and understanding the extraction going on at this country s expense. specifically through trade and banking and the tax code.

Detailed text transcripts for TV channel - MSNBC - 20110726:20:23:00

american ceos to lobby politicians like yourself to empower rigged trade agreements that are profitable for the kopgs overseas and come at america s expense. basically every one of these trade deals. then we need to resolve that and bring it to the table and look at the specific proposals you re talking about. an economy grows based on its own consumption, investment, government spending and trade. if we re hammered on all of those we re doomed a and have to be able to take them to on. it we don t export more and do manufacturing here we re not going to be able to grow the economy. every country in the world is trying to increase exporting. not everybody can. i m running the clock. china does a better job of exporting because they tax our imports at 25%. we tax theirs at 2.5%. they discount their currency at 50 cents on the dollar. i guarantee you, if i had a tariff, ten times every other country and my currency rigged at half off every other currency my numbers would look pretty g

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