Detailed text transcripts for TV channel - MSNBC - 20110807:

Detailed text transcripts for TV channel - MSNBC - 20110807:18:35:00

economic activity in the united states. when italy showed signs of significant weakness in selling its bonds, the yield is now over 6% which is an unsustainable level. it created a massive problem in europe because italy is a very large country, cannot be easy bailed out and cannot be bailed out. that's what's causing our problem. >> this is a wider discussion. rachel maddow, it does get back to political dysfunction at some level because if americans are wondering where are the jobs, the bigger question is where are the economic growth? like my kids, i like cartoons this is one from role call. the easy part it shows where the parties are jumping over the debt ceiling. the much higher hurdle is job creation, is commission growth. we may be cutting the deficit some, but austan goolsbee and the economic team projected growth for this country which has been wildly off the mark so

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