Detailed text transcripts for TV channel - FOXNEWS - 20100709:17:39:00
Midterms when they see the soaring debt and deficit and talk of new taxes and unemployment is so high at the end of the day will they hold president obama accountable or president bush accountable. >> oh sure they'll hold present obama accountable now and two years from now. in 1982 we had a recession going into the midterm elections. democrats trumped president reagan and took a lot of seats. reagan won re-election two years later. we are looking for results today and you have to give this time. >> the point is when president reagan came into office in january of 1981 he faced a very bad econ...