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Detailed text transcripts for TV channel - FOXNEWS - 20110219:16:15:00

that stimulus spending under fdr the unemployment rate up to 20% and stayed there until world war ii. in japan 10 stimulus plans in eight years their economy stagnated. obama s first plan he said the unemployment rate will not go above 8%, it within up to 10%. how much failure it went up to 10% how much failure do we need? will this new stimulus plan create jobs or not? it will create jobs. i m glad mike brought the long view in. the bursting of the bush bubble was on par with 1880 and 1930. hard to believe by comparison we ve done well. the first stimulus created, spared 1.2 million new jobs. that was great. we do need infrastructure. it is a basis on which you build new business. frankly, we need it. this was a historic bubble that burst and we are picking

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