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Detailed text transcripts for TV channel - MSNBC - 20110903:13:57:00

Real strong job growth happening, any job growth happening is going to weigh on them as they decide to take new measures to pump money into the dme to get it going again. they ve already done a lot. they have interest rates at zero and bought hundreds of billions of dollars in bonds to lower interest rates. they don t have a lot of great tools left, but they talk about what they have left and what they might do. what about the government having cut 17,000 jobs? you ve got to look at the government and the irony in that the government may be a bit of a drag on the economy. very much so, especially state and local governments. what s happening is states are running out of money. they have to cut budgets to match their lower tax revenue, so they re slashing thousands and thousands of government workers every month. we see teachers, policemen, all kinds of state and local government workers losing jobs. that showed up this month in terms 17,000 job losses and some months worse than tha ....

Job Growth Happening , Interest Rates , Government Workers , Tax Revenue , Alex Witt , Heads Up , Job Losses , Neil Irwin ,