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Detailed text transcripts for TV channel - FOXNEWS - 20110822:04:13:00

free of my job for a few weeks and help out. i said sure, why not. >> we rode back into the white house. the president had been president for less than an hour. >> bret: ford asked rumsfeld to run the transition. later appointed him chief of staff. cheney was his deputy. one night in a washington restaurant, came his next big lesson in economics. a former yale classmate, economist famously sketched what would be known as the laffer curve on a dinner napkin. >> a couple of times we invited guests and he invited cheney. >> they were trying to explain how you could raise more revenue if you cut rates. laffer whipped out a white linen napkin, a good high quality napkin. laid it out on the table andrew out the curve. in a black sharpie kind of pen

Bret-baier , President , Job , Chief-of-staff , Ford , Transition , Him , White-house , Dick-cheney-a , Yale , Washington-dc- , Economics

Detailed text transcripts for TV channel - FOXNEWS - 20110822:08:13:00

>> he asked me if i could get free of my job for a few weeks and help out. i said sure, why not. >> we rode back into the white house. the president had been president for less than an hour. >> bret: ford asked rumsfeld to run the transition. later appointed him chief of staff. cheney was his deputy. one night in a washington restaurant, came his next big lesson in economics. a former yale classmate, economist famously sketched what would be known as the laffer curve on a dinner napkin. >> a couple of times we invited guests and he invited cheney. >> they were trying to explain how you could raise more revenue if you cut rates. laffer whipped out a white linen napkin, a good high quality napkin. laid it out on the table andrew out the curve.

President , Georgew-bush , Job , Ford , Transition , White-house , Dick-cheney-a , Chief-of-staff , Yale , Washington-dc- , Him , Economics

Detailed text transcripts for TV channel - FOXNEWS - 20110820:05:13:00

i said, sure. why not? >> and we rode back into the white house. the president, i think, had been president for less than an hour. >> ford asked rumsfeld to run the transition and appointed him chief of staff. cheney was his deputy. one night in a washington restaurant, came his next big lesson in economics. that's when a former yale classmate, economist arthur laffer famously sketched what would be known as the laffer curve, on a dinner napkin. >> hidinner with don rumsfeld a once a week. a coil of times he invited guests and he invited my classmate, dick cheney. >> that i was trying to explain how to cut rates. laffer whipped out a white linen napkin, not an old paper napkin. laid it out on the table and drew out the laffer curve, in a black sharpie kind of pen that

Dick-cheney , President , Chief-of-staff , Ford , White-house , Transition , Him , Deputy , Washington-dc- , Yale , Arthur-laffer , Laffer-curve

Detailed text transcripts for TV channel - FOXNEWS - 20110820:17:54:00

and demand and certain, for certain drugs, only a small number of manufacturing plants are making it, if there's a problem with contamination or a problem at the plant, the drug production gets held up and we also know that economics plays into it. and some of the drugs we are he' missing, these are basic drugs, steroids, basic chemotherapy drugs and they're inexpensive. we're not talking about the newest drug, we're talking about our older drugs on the market and less of a profit to be made by making them. >> you're talking about important drugs, too, dealing with one of the most dreaded diseases in the country and what are doctors now doing in the loss or absence of the drugs? >> well, the doctors are rallying together and our colleges are grouping together and trying to get the f.d.a. to make it mandatory that the drug suppliers notify them early if they anticipate a shortage. doctors themselves can recognize the pattern in numbers, the patients with certain cancers and try to anticipate shortages them and

Production , It , Drugs , Contamination , Toyota-camry , Drug , Economics , Manufacturing-plants , Plant , Demand , Some , Chemotherapy-drugs

Detailed text transcripts for TV channel - FOXNEWS - 20110820:02:13:00

free of my job for a few weeks and help out. i said sure, why not. >> we rode back into the white house. the president had been president for less than an hour. >> bret: ford asked rumsfeld to run the transition. later appointed him chief of staff. cheney was his deputy. one night in a washington restaurant, came his next big lesson in economics. a former yale classmate, economist famously sketched what would be known as the laffer curve on a dinner napkin. >> a couple of times we invited guests and he invited cheney. >> they were trying to explain how you could raise more revenue if you cut rates. laffer whipped out a white linen napkin, a good high quality napkin. laid it out on the table andrew out the curve. in a black sharpie kind of pen

President , Georgew-bush , Job , Chief-of-staff , Ford , Transition , Him , White-house , Dick-cheney-a , Yale , Washington-dc- , Economics

Detailed text transcripts for TV channel - FOXNEWS - 20110819:13:16:00

provide coverage under the new law or pay the penalty. gregg: if you were to rewrite that law, what provision or clause or incentive would you insert into it to resolve this dilemma? >> we should have provided some kind of credit to the employers to enable them to get the information they need in order to hold the insurance companies accountable. this has never happened within the u.s. healthcare system today and this has been a huge domino effect where the employers have never been in charge. the mechanics and economics of how the law was devised doesn't provide for that. this is the fundamental mistake that has been made over and over again. and i said this many, many times as i have been on fox and other stations. gregg: senator orin hatch is laying the blame partially at the feet of president obama and his healthcare law. is that fair or unfair?

Gregg-dont-mess-with-ball-louisiana , Law , Coverage , Incentive , Clause , Provision , Penalty , Dilemma , Information , Introducing-amp , Employers , Insurance-companies

Detailed text transcripts for TV channel - FOXNEWS - 20110819:03:23:00

ratings are just as low. they are actually much lower than president obama's. >> laura: first of all, the tea party is not an individual. okay? it's a group of people. >> they do not represent every american. >> laura: all over the country. i have met some of these guys and gals. they are different people. some people stress economics, some have views on immigration. the tea party? >> that's what they call themselves the tea party. i am referring to the name they call themselves. >> laura: if i'm sitting where you are sitting tonight, i'm thinking, gosh, this guy better turn it around. okay? because the tea party ain't going to save you guys. >> laura, you have to admit this, the president has major challenges because the republican party has made the political calculus mitch mcconnell by his own words said our number one priority is to make sure is he a one-term president. well, if that's your number one priority, then job creation should be the number one priority of the republican party. >> laura: should be we are out of time. >> job creation.

People , Services-laura , Americans , President-obama , Country , All , Tea-party , Low , Individual , Group , Some , Guys

Detailed text transcripts for TV channel - FOXNEWS - 20110819:13:49:00

remember when he took offers. 800,000 people were losing their jobs every month, and that has come back to add 3 million jobs back into this economy. i know that doug and other want to say it can't work and people will reject. but the firefighters and the nurses and the republican governors that stablized the economics of their states will say something different when it's proposed again. gregg: it may be true that four out of five americans disapprove of the president's handling of the economy, but the on worse numbers than that are the numbers attributed to congress. your party controls the house. so is it your sense that americans don't like what they are hearing your party? >> americans don't like washington. we learned that in 2006 when we controlled the house and controlled congress and the administration. we learned that in 2008. but we also know we can do stub stan tough thing to create -- we

Economy , People , Jobs , Want , Offers- , 800000 , 3-million , Gregg-dont-mess-with-ball-louisiana , Something , Five-americans , Economics , Republican

Detailed text transcripts for TV channel - MSNBC - 20110819:02:23:00

>> ed, absolutely. it is not just emotional. it is absolutely just, it is economics. economics 101. when you have so many, 25 million people working part time or looking for job, when you have so little consumer demand. consumers are 70% of the economy. when businesses are not hiring because they're not customers, you have to have government there as the spender of last resort. you want the long term debt under control. unless you get growth back, the long term debt will be worse and worse and worse. so it makes economic sense for the president to stand for something and demand something that is bold in terms of a jobs package. >> what would be the most boldest thing in your opinion the president could do that would be achievable? in his term? >> well, there are a number of things that i think would go boo the job package. exempting the first $20,000 of income from pay roll tax from the next couple years for one thing. number two, a kind of an

People , Job , Ed , Economics , Consumer-demand , Economics-101 , 25-million , 101 , Economy , Term , Businesses , Liberal

Detailed text transcripts for TV channel - MSNBC - 20110819:21:41:00

i think hillary would have had us in a confrontation with iran. ap neocon -- in the middle east, much closer to israel, much tougher. >> yeah. >> and i think -- >> yes, but let me ask you about the economics. >> when we -- have another war? >> now -- i think you're -- let's talk about the things that bother liberals, prossi iprogre. senate rules that seem anti-progressive. you need 60 votes. it's very hard to get 60 votes for anything. you got to get 217 1/2 and 216 in the senate. if you want something done positively for government it's very hard to get it through unless you break the rules. would hillary have broken the rules? >> i will say this. her personal skills with the senators when she went up will in 2000, 2001. the conservative said here she comes, the queen. she worked that. made friends with those people. i don't know if that translates into votes but i think in terms of leadership and personal

Hillary-clinton , United-states , Economics , Middle-east , Israel , Confrontation , Neocon , Iran , Ap , Things , Votes , Senate