Detailed text transcripts for TV channel - CNN - 20110305:00:30:00

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>> i agree in the stars alignment with the big question mark of the middle east and the price of oil. you know, in the same way that we saw the problems with europeans sovereign debt knocking the u.s. economy off last year. i think that, you know, the real danger is now. the car industry seems to coming back. >> the numbers immediately factor into our political debates. if we were having this conversation six months or a year ago, you would have people saying the problem is the uncertainty. what will washington do about spending cuts or the tax code? what should washington do now? if you have evidence the recovery is gaining steam and the businesses are starting to hire, should washington get out ofty and do nothing or should it do something? >> well, i think the government has done a lot.

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