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Detailed text transcripts for TV channel - FOXNEWS - 20141207:14:46:00

repercussi repercussions. you re talking about the economy in the sum of goods and services sold. $17.6 trillion dollars versus the u.s. at 17.5 trillion dollars. so a couple hundred billion dollars between friends, i guess. still, the chinese economy will continue to get larger. they are making a transition from becoming an exported economy, producing all the products of the world to a consumer economy which is, of course, what we are in the u.s. a consumer economy. that s going be tough. so, again, i think the chinese economy will continue to get larger, and the u.s., it needs to pick up growth in order to impact its people and that means job creation and that s been very slow. we need policies and we need real job creating policies. how does this affect confidence in the economy when people see a number like that and see that we ve been surpassed? i know we have better than anticipated job numbers in terms of taxable rates and salaries increasing, as well.

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