Detailed text transcripts for TV channel - FOXNEWS - 20150406:06:38:00
We are now being told really that 2% growth may be the new normal. if so, that's a disaster because everyday, today, yesterday, tomorrow, everyday between now and 2030, 10,000 more baby boomers become eligible for social security and medicare. if we have 2% growth, the crisis of the welfare state, the crisis of the private sector being able to throw off the revenues to pay the bills for the promises we made to ourselves becomes impossible. >> just tell again that thhe labor force participation stat that you had what it was at the beginning of the obama administration. >> the work force rate we...
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