Detailed text transcripts for TV channel - FOXNEWS - 20120902:20:22:00
We've got interest rates way down. that is an unintended consequence. real problem this take the heat off the lawmakers because the real power here is not monetary policy, it's fiscal policy. >> gregg: and the president's fiscal policy has been stimulus. if you look at where unemployment was when the stimulus begin, it's pretty much flat. it's the same? >> yes. we were told it would be below 8%. it's really important to realize over in europe, it took high interest rates to finally get them to look at the debt. it takes the heat off of washington. >> gregg: we're about trillion dollars more in...