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Edwards speaks with MSNBC's Mika Brzezinski

Democratic presidential candidate John Edward's wife Elizabeth sits down for an interview with MSNBC's Mika Brzezinski

In an interview that aired Tuesday on MSNBC's "Morning Joe," Mika Brzezinksi sat down with Elizabeth Edwards, wife of Democratic presidential candidate and former Senator John Edwards (D-N.C.).

Below is a transcript of the interview. "Morning Joe" telecasts each weekday morning from 6 a.m. – 9 a.m. ET.

Mika Brzezinski, Co-Host: Michelle Obama is counting on Iowa, she says, to invigorate and propel Barack Obama toward victory. How would you characterize the value of Iowa to the future of the Edwards campaign?

Elizabeth Edwards: I think that Iowa is important, but I want to make clear, it's important to every campaign. Who can afford to lose Iowa, honestly?

You know, I think that everybody, every candidate has an obligation to do well in Iowa and that includes the front-runners as well. I mean, Senator Clinton may be leading in the national polls, but if she stumbles in Iowa, you know, part of the sense of her success is this sense that she is the inevitable candidate, that she is strong as proven by the polls. And she doesn't win, maybe she's not so strong and maybe that bubble is burst.

You know, in some respects, I think it's perhaps more dangerous for her than it is for other candidates.