Detailed text transcripts for TV channel - CNN - 20190608:13:32:00
Debt number, that's such a phony number. you've got to net out intragovernmental debt, $16 trillion which is still a big number. but then you've got to compare it. you want to compare it to that debt compared to wealth or debt service compared to gdp. when you look at debt to wealth, we've had an increase in wealth in this country. the federal reserve numbers, an inkrooes in wealthnist first quarter, almost $5 trillion increase and swamping any increase in debt you could look at. you know, from my standpoint i'm much happier when an economy goes pro-growth and the wealth of the country rises r...