Detailed text transcripts for TV channel - CNN - 20100613:16:48:00
Important points. number one is the lesson of history. this was the way we did business in the '60s and '70s and it failed miserably so we swore off it a long time, we should do it again. number two, it's aimed at the wrong place. this economy will recover as fast as business spending and our export communities get healthy. we're not doing things for them, we're focused elsewhere. the third is this is all a confidence game. in the end you have to give businesses the confidence to hire people, invest in capital equipment, and this administration has not inspired the confidence in the business c...