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Detailed text transcripts for TV channel - FOXNEWS - 20180728:15:29:00

Bond rating. this can t continue and god forbid we ever have a recession, watch what happens to the deficits then, they ll blow up like you never believe and again, my simple thought, every day they re taunting markets and every day $3 billion is aeded to the taxpayers shoulders and that s bad longer term. neil: help me with this, the president said outside the white house, he was talking about growth really helps. i think every percentage point increase adds $3 trillion. i don t know what that was remembering to or 10 million jobs, maybe the other way around. bottom line, that it will solve a lot of problems. bill clinton enjoyed a lot of that with the internet boom and revenues that came in and higher gdp and all of a sudden, deficits became surplusesment does he have a point, can he do something to lift the gdp let s say it consistently gets to be 3, 4, 5%, and told sean hannity ....

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Detailed text transcripts for TV channel - FOXNEWS - 20180728:14:31:00

it s over blown because they are launching ets which is just social media ets. they way waited under the end. apple never indulged. social media companies are driving the growth. a lot of technology fund. i wouldn t buy a fund i would be stock specific. with social media i would let the dust settle. the greatest winners will be in technology. the timing is off. there will be some monstrous new applications ten years from know that will go up just like we ve seen in every decade. can you share those names during did break. yeah, there is some kid ....

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Detailed text transcripts for TV channel - FOXNEWS - 20180728:15:28:00

Growth solve a lot of problems and i don t know if growth donald trump doesn t fear debt like most americans. he s more comfortable leveraging. let put it that way. that said, these problems aren t going to go away. the interest rate which you brought up originally is a concerns. you re financing a lot of debt and economy doesn t grow well because the rates are low. you can t lose control of the interest rates. it s when the rates go up and payments that gary was talking about spiral without more spending. you have to at least keep the confidence there that you re going to borrow and that s the biggest single problem, some of it s because the economy is hot, but other japan and others california 500 billion in debt. new york, i think 400. illinois is one step from junk ....

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Detailed text transcripts for TV channel - FOXNEWS - 20180728:15:30:00

8, 9%. how far would this go to addressing this? growth would help the situation for sure. the question is, does it cause inflation to rise? if inflation rises, it hikes rates. the interest payments that we are going to have to make to service the debt is going to go through the roof. so it s really a problem for your generation. i m kind of cast out. i i m kind of cashed out. i m not too, too worried. where is this going. saying to the federal reserve don t raise rates. if federal reserve raises rate, he wants a hot economy and low borrowing cost. that can somewhat get us out of the problem. the high interest rates would be a disaster for the deficit. we know so people like you ....

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Detailed text transcripts for TV channel - FOXNEWS - 20180728:15:13:00

Sector, twitter, facebook, et cetera, you just do the multiples on those companies and they re off the charts and maybe that s right. maybe people feel a lot of growth, a paradigm, the world is changing and these guys are the leaders, so let s give them credit. those numbers were off the chart and when they relax a little bit, when facebook, for example, reports growth to a record level, but the growth isn t as high as they hoped for and therefore, they take a hit. to me, that s a correction, but there s nothing fundamentally wrong here. business is good. so the concern among invests, ma inbound this group that s been on fire, maybe we ought to unload this stuff because there s something funky going on, you just don t agree with that? well, okay. i don t agree with the assessment of the root cause, but the fact is, in my career, i usually get surprised. i can t predict. nobody else can either, but i ....

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