Detailed text transcripts for TV channel - CNN - 20190815:16:19:00
Recession, there's nothing the president of the united states can do about that. you saw the bad numbers out of china, bad numbers out of the uk in recent days. but what policy levers are available to the president of the united states? >> that's a great question. usually the stimulus is more spending and tax cuts. the white house has already done that so that's not in their playbook anymore. the big fear for the white house, mark just talked about business investment pulling back. as soon as consumer spending pulls back, then you've got a real fiasco because that's the thing that's been dragg...