Detailed text transcripts for TV channel - FOXNEWS - 20100827:16:29:00
For the first-time buyer tax credit and various other measures, buying in the bond market. absent that you've seen the housing market, you've seen the reaction. frankly, it's good news that the economy is still standing, but if you had totally withdrawn all government spending, then the economy would be on its knees. and frankly, if you look at you were, you look at the u.k., they're about to go through this pain, but the real worry is with this massive cut in spending they're about to do, the economy could very well fall off a cliff. the notion that somehow slashing spending is going to reviv...
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