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Detailed text transcripts for TV channel - MSNBC - 20110920:11:05:00

the biggest crisis which we have in domestic politics is the entilement crisis. total pass on that. on tax reform, i agree with governor pataki. the simpson/bowles plan, there is a way to find more revenue. the problem is you have to offset it with a serious commitment to cut spending. this does neither and the tax reform here has nothing to do with growth which would trade jobs and pay down the debt. it s politics. hit the top 2% because that s best on a poll somewhere. if i m worried about as a republican strategist about a campaign that s kind of cynical and demagogic i d be worried but immore worried we have a real entitlement crisis in the united states and the president isn t planning to do anything about it. let s talk about purely the politics. whether the economics are good or bad people have been saying for sometime the president needs to punch back hard. the republicans have dominated the agenda over the past year. politically, if you re a democratic strategist and your

Detailed text transcripts for TV channel - MSNBC - 20110920:11:31:00

we have an over regulated industry that had real problems. now these bankruptcies have cleared away a lot of the legacy costs so there is some hope now but manufacturing in america is in a crisis and i m not sure i ll resonate to the idea it s all about a government partnership. i love r&d spend bug we have to make productivity go up and control union costs which are huge and michigan ought to be right to work. that would put people back to work. mike, it s happening all over america that we are losing all of these manufacturing jobs. and the question is, if we do nothing, if we stand by and just say hands off, china is going to continue to win. because they are not hands off. i was moderating a panel of business council earlier this year with the ceo of coca-cola, ceo of at&t, john deere, and the question was what should be the role of government in the united states in creating jobs in america? i said, well who is the best model? what country does it the best, plax it ea makes it t

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