Detailed text transcripts for TV channel - FOXNEWS - 20120802:22:16:00
>> we aren't in the 1990s. we don't have a tech in logical boom. >> we had a balanced budget, an accommodattive fed easing rates. now we have no new tech boom. we do not have a balanced budget. the fed can't cut rates more. >> nevertheless, counter to the president's earlier warnings the white house insists the higher tax rates will do nothing to hurt economic growth. >> under president clinton, marginal rates at that level, weren't in place when we saw the substantial economic growth and job creation. >> officials concede this economy is far different from the clinton one. >> the economy is n...
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