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Detailed text transcripts for TV channel - CNN - 20101214:06:25:00

referendum on health care reform and on tax cuts? i mean, is that -- are those the two central issues? >> you knows. a lot can happen. i don't think -- i really think the election is about economic growth. i don't think it's about tax cuts people making over $250,000 a year. the tax on estate over $5 million a year. it may be that but i beg to differ. i do not think it's going to be about that. the republicans argue we need incremental small changes in health care that we have the best health -- deepest, best health care in the world. democrats think otherwise. i think that's something that we're going to have to slug it out on. it -- sometimes elections have to be about something. the democrats lost this election. we'll see where it goes. the president has to make the case. >> we're going to leave it there. cornell belcher, james carville, erick erickson. you heard erick and james going at it over the tax deal. the bush and clinton record on economy. job growth, economic growth and the stock market. we wanted to check as many

Lot , Tax-cuts , Election , Growth , Health-care-reform , Issues , Referendum , Two , People , Health-care , Republican , Tax

Detailed text transcripts for TV channel - CNN - 20101214:03:24:00

you had massive amount of people employed. >> i can't believe you're defending eight years of bush. >> i mean, the fact that you have guys prefer to ignore it and ignore obama's record as well. >> i can't -- it's breathtaking. we live on two different planets. >> james, the 2012 election, though, does it then become a referendum on health care reform and on tax cuts? i mean, is that -- are those the two central issues? >> you knows. a lot can happen. i don't think -- i really think the election is about economic growth. i don't think it's about tax cuts people making over $250,000 a year. the tax on estate over $5 million a year. it may be that but i beg to differ. i do not think it's going to be about that. the republicans argue we need incremental small changes in health care that we have the best health -- deepest, best health care in the world. democrats think otherwise. i think that's something that we're going to have to slug it

President-obama , Fact , People , George-bush , Guys , Record , Amount , Breathtaking , Two , Eight , Tax-cuts , Election

Detailed text transcripts for TV channel - CNN - 20101214:12:42:00

under you. now you're expected to do the work you did before plus what someone else did underneath you. it's hard to do that. if you've been out of work for 27 weeks, 99 weeks, you remember what it was like to have all of these benefits, people around you. companies aren't willing the take risks. >> long-term unemployment is also changing the basic operating machinations of the workplace. new jobs, new employment depends. people are afraid of being unemployed. they're playing defense, protecting their job, not looking for something outside. how does that affect the work life? >> you're not seeing as much growth in people taking risks in start-up companies. a lot of ways we've grown out of recession before, people have started companies, started hiring people. you're seeing a lot of companies being formed, hot start-ups, but everywhere else, not as much. >> daniel, what is your one

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Detailed text transcripts for TV channel - FOXNEWS - 20101214:16:48:00

coming up, and the analogy of a christmas tree has been used to describe this bill with some of the extra add-ons and what some are calling stimulative initiatives that are attached onto a bill that was really about tax cut extensions and the extension of jobless benefits for so many americans. how do you reconcile that yourself with looking at this bill and what maybe some thought it was going to be to what it has become now? >> look, there's some things i really don't like here. some things i intensely dislike. but we've got to keep in mind the overall effect of this package. and so if we look at the big elements; tax cuts for the middle class, extension of unemployment benefits, a partial payroll tax holiday. we know based on the best economic advice congress and the president are getting that those are very important to economic growth for the future. jenna: so, senator conrad, i only have about --

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Detailed text transcripts for TV channel - FOXNEWS - 20101214:14:10:00

that the economy is recovering, pointing towards a strong economy for next year. remember yesterday, we talked about 3 1/2% growth next year, looks like we're on target for that, bill. bill: all right. .8% doesn't sound like much on the surface, stuart. >> compared to the gains in previous months, in previous years, and you look at those -- >> bill: were those numbers negative, do you recall? >> on occasion, yes, they were, yes. some months in the last three months have been negative. we're not quite, but we're almost back to the spending levels of the good old days of 2007. bill: wow. where were we then? >> where we are now! bill: we were shopping back then. martha did her share yesterday, though. look out america! martha: trying to help. trying to help. bill see you at 9:20, fbn. martha: looking for a number of things that are not easy to find these days but that's a different matter. president obama's economic adviser is on his way out the door and on the way out he says if you want

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Detailed text transcripts for TV channel - CNN - 20101214:04:25:00

job growth, economic growth and the stock market. we wanted to check as many statements as we could. we try to check the factual accuracy of what our guests say bearing in mind external factors like the 9/11 attacks made a difference and timing as well regarding job growth and according to the nonpartisan website poltifacts there was a net gain just over a million jobs during the bush administration and more than 22 million on the clinton administration though erick was focusing on unemployment numbers percentage. growth rate according to the world bank 3.34% for '92. 3.69% in 2000 and everyone dipping below 2.5% in the bush years. the economy peaked in 2005 at 3.65, then down to the low point in 2008 obviously with the economy shrinking half percent. stock market dow rose about 7,000 points during the clinton presidency, dropped 2,000 during the course of the bush years though again timing and 9/11

Statements , Stock-market , Difference , Growth , Job-growth , Attacks , Factors , Bearing , Accuracy , Guests , Mind , Timing

Detailed text transcripts for TV channel - FOXNEWS - 20101214:15:24:00

they say so far the past 18 months, the obama administration and its priorities, on getting clean energy jobs created the 224, 500,000 -- 224,500 clean energy jobs which is about 25% of all jobs, that have been created with government tax dollars and unfortunately that is far shy of what president obama publicly stated early in his administration, he had hoped 5 million green jobs could be created. in ocala, florida where the unemployment rate is 14%, a lot of unemployed have taken the job training class and the reality is for those graduates, only 25% of them have actually found jobs and part of the problem is green energy remains 1% of energy consumption. >> the reason for the slow growth in green jobs in the u.s. economy over the past few years is the industry was small to begin with and is hard to

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Detailed text transcripts for TV channel - CNN - 20101214:23:03:00

this vote? if yesterday's test vote was any measure, 83% voted yes on it, evenly split between the democrats and the republicans, and sure to pass by significant margins. >> all right. standby, dana. i want to bring in our national correspondent jessica yellin, and our political analyst gloria borger to talk about this. jessica, you first, there is opposition from the left and the right, and now you have a reputable agency saying it could cause long-term damage to the economy. what do you know? >> well, moody's has issued a statement that said -- well, the quote is, u.s. tax package is negative for u.s. credit, but positive for economic growth. so, moody's basically tells investors whether or not it's safe to invest in companies, cities, state governments and even the u.s. government, and they are saying that because this will add to the debt and it doesn't do enough for anything really to reduce spending, at

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Detailed text transcripts for TV channel - CNN - 20101214:07:25:00

cornell belcher, james carville, erick erickson. thanks. you heard erick and james going at it over the tax deal. the bush and clinton record on economy. job growth, economic growth and the stock market. we wanted to check as many statements as we could. we try to check the factual accuracy of what our guests say bearing in mind external factors like the 9/11 attacks made a difference and timing as well regarding job growth and according to the nonpartisan website poltifacts there was a net gain just over a million jobs during the bush administration and more than 22 million on the clinton administration though erick was focusing on unemployment numbers percentage. growth rate according to the world bank 3.34% for '92. 3.69% in 2000 and everyone dipping below 2.5% in the bush years. the eke conomy peaked in 2005 at 3.65, then down to the low point in 2008 obviously with the economy shrinking half percent.

George-bush , Tax-deal , Stock-market , Statements , James-carville , Growth , Job-growth , Thanks , Eric-erickson , Cornell-belcher , Accuracy , Clinton-record-on-economy

Detailed text transcripts for TV channel - CNN - 20101214:07:24:00

ignore obama's record as well. >> i can't -- it's breathtaking. we live on two different planets. >> james, the 2012 election, though, does it then become a referendum on health care reform and on tax cuts? i mean, is that -- are those the two central issues? >> who knows. a lot can happen. i don't think -- i really think the election is about economic growth. i don't think it's about tax cuts people making over $250,000 a year. the tax on estate over $5 million a year. it may be that but i beg to differ. i do not think it's going to be about that. the republicans argue we need incremental small changes in health care that we have the best health -- cheapest, best health care in the world. democrats think otherwise. i think that's something that we're going to have to slug it out on. it -- sometimes elections have to be about something. the democrats lost this election. we'll see where it goes. the president has to make the case. >> we're going to leave it there.

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