Detailed text transcripts for TV channel - FOXNEWS - 20110528:04:25:00
On the rich. guess what happened? it dragged us further into a recession. why? people didn't trust government enough to be able to go out and invest because they didn't think government would let them be profitable. >> sean: the economy is most akin now to what happened to japan the lost decade that never recovered. >> you saw the stimulus money it went to the states to the teachers' unions. >> sean: 586,000. >> absolutely. >> sean: most chilling is standard & poor's. our aaa rating is at risk. i go to the imf they say in five short years that china will surpass america as the number one econo...