Detailed text transcripts for TV channel - FOXNEWS - 20110613:13:09:00

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stu varney is the host on the fox news business network. >> reporter: we have a big time employment problem. 505, 473 new startups in the latest period. it sounds like a lot, but in fact it's very, very small. these are the kind of companies we are not starting up. corner stores. restaurants, landscapers, apparel makers. dog groomers. these are startup companies and people are not starting them up in the same kind of numbers we saw just a few short years ago. the problem when you ask why is this happening, the problem seems to be a lot of regulation, energy, finance, healthcare, all of them tightly regulated with a whole bunch of rules not yet written. so the outlook is uncertain. the economy of is just about stalled and unemployment is very high. this really gives president obama a major employment

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