Detailed text transcripts for TV channel - FOXNEWS - 20121013:14:09:00
Back and saying this is very different than the past. >> neil: focus on tax side of this, scott. say all the bush tax rates -- because everyone thinks only those for upper income will expire. the way it's now, all the bush rates expire. some argue yeah, it's only temporary. but bottom line, it happens. what do you see happening? >> guest: a huge spike in gas prices or some other situation that takes money out of the consumer's hands. you will see the earnings fall and people getting laid off. gets you to a negative spiral that everyone is worried about. we have want to put money back in the ha...