Detailed text transcripts for TV channel - FOXNEWS - 20110727:09:04:00
The poor to prosperity. they can't. in 1965, the poverty rate in this country stood at 14%. now, after untold trillions have been spent fighting poverty, the poverty rate is 14.3%. amazing, is it not? the conclusion, america is bankrupting itself with an entitlement philosophy that does little. and that's the memo. now for the top story tonight, according to a consulting firm mackenzie and company, 20% of american men ages 25 to 64 are currently not working. that's up 13 points since 1970. if the study is true, that's obviously a massive problem. here now to analyze our barack and hard place d...