Detailed text transcripts for TV channel - CNN - 20110227:17:54:00
>> basically it is the numbers are off but the gist of sit correct. >> correct. >> i think the numbers were off and the gist is incorrect. my calculations says if you take the logic of face val ushgs upper than bound impacts, something like two, three times the percentage point, it is rounding and gdp growth and fundamental logic is we need to take off the table the large future budget deficits which will mean higher interest rates or taxes or both so the businesses have the confidence to go out and spend and higher workers do -- doing investment. they are the only sector of the economy that h...
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