Detailed text transcripts for TV channel - FOXNEWS - 20100815:01:44:00
>> a number of points. one, depressions were cyclical,s continue to be cyclical, theyom come about every ten years ornd so. the question was notqu whether y they would come or not but whatb do you do to get out of them. in 1920 harding gets us out, coolidge gets us out, and in ou 1930 we don't get out because of herbert hoover. i've read interesting studies lately about hoover talking about, harping on speculation which fueled the sales off in 1929. whether it's a depression or not or a great depression, whether it would come back, unemploymenc had receded to 6% in june of 1930. raised then th...
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