Detailed text transcripts for TV channel - CNN - 20100516:19:07:00
And, too, i asked him the question, the krugman question. i said, you know, look, peter, maybe you don't have to worry about this. maybe the economy is going to come back like a locomotive and that economic growth will take care of the deficit and the debt. and he said, you know, i don't think so. and the other point that he made, which i think is a really important one in all of these discussions is, we just don't know. we don't know how strong economic growth is. the prudent action, given that, is going to be to take care of the fiscal situation. and if we're surprised by growth on the up si...