Detailed text transcripts for TV channel - FOXNEWS - 20120613:05:25:00
Declines, your borrowing power decline it's. >> yes. >> greta: if that declines, you are not getting the loan and you can't spend and rev up the economy to help the economy. it's like, almost like a domino effect. >> that's exactly right. the d.c. policy has been to make the net worth feel better because spending is tied to net worth and so much of the u.s. economy is about spending. i say, don't do any of that. i say to d.c., do this instead -- talk straight to the american people. no more knee-jerk reactions and auto pilot, thinking let's rev up the spending. basically, you want to have stra...