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Detailed text transcripts for TV channel - FOXNEWS - 20110712:20:33:00

months gross domestic project, any time we dip below 2 percent, the u.s. committee always falls into a recession, two or three quarters later and now it is at 2.3 percent so if you are of the mindset the third quarter will be slow, that puts us interest a row session, probably the first quarter of twelve 12, which is not good for the president or for the u.s. economy, and not good for the global economy so we are in a dire predicament. >>chris: will economy has had so many steroid shocks it is looking like mcguire and time to look more long term but i guess the fed will do what they have to do to keep that unemployment rate done. thank you, sir. and president obama now out with a new plan designed to cut the red tape. called strong community and the

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