Detailed text transcripts for TV channel - FOXNEWS - 20100707:06:15:00
Then, it crashed again. 1932. the dow bottomed out, closing at 41.22. 89% drop from the precrash high. got it? see what happened here. the dow jones, 2008. plummeted. what did we do? hover decided spend. increase the federal spending by 50% between 1929 until the end of his term. george w. bush abandon the fee market system to save the free market. isn't that great? what did they both create? unemployment, no jobs. in hoover's time, 20% by the end of his term. unemployment is at 7% at the end of bush's term, up from 4.5, and it's only gotten higher. then 1932, they said well, we'll have to inc...