Detailed text transcripts for TV channel - MSNBC - 20110629:

Detailed text transcripts for TV channel - MSNBC - 20110629:22:14:00

georgia. they build eight boats a month, about a hundred a year, great big yachts for people. all working class guys. >> they were putting one boat a month and they simply move the building of the boats to mexico. the tax was terribly foolish. it sounded very good. secondly, ej, look. you and i have studied economics, amateurs if you will. what it tells you when you have 9% unemployment and 17% underemployment, to start raising taxes. >> all right, let me jump in. >> pli answer is that the opposite question to you. what economic theory says spending cuts will create jobs when you've got 9% unemployment. i'll give you the answer, none. no economic theory says that. >> let me give you an answer pat. >> go ahead, ej. >> that's where obama can do jujitsu like he did today. why won't republicans vote to extend the payroll tax another

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