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Detailed text transcripts for TV channel - FOXNEWS - 20110802:18:32:00

june. that s a critical part of our overall economic health. at the same time personal income showed the weakest growth since september. jobs still a soft spot. let s stalk about it with our power pnl. tracy burns of the fox business network. and author of the wall street journal guide to the 50 economic indicators that really matter. simon, are these among the 50? they are. it s not good. and the bad news is it will stay week not just in the u.s., but everywhere. shannon: there is any glimmer of hope? the administration has been asked about a double dip recession. jean sperling waved that off saying that s not going to happen.

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