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Transcripts For FOXNEWSW Americas Newsroom 20120309

us from fox business network. how would you characterize this report over all, stuart? you have to say thus far this is a very modest recovery. this is not a booming recovery by any means. the fact, martha recovery remains the weakest from any recovery since the great depression of the 1930s that is a precise state of the state of this recovery. 8.3% is the unemployment rate. it did not decline anymore. that is not a good rate at this stage of the recovery. i have one more item for you, martha. that is the debt situation. february, a record deficit, $229 billion. never been higher than that in any month ever. 229 billion in that one month. now that means that we re going to have to probably borrow more money, raise the debt ceiling before the november election. that is politically very, very important. so it is a modest recovery. we re running deeper and deeper into debt. those are the headlines on the economic front this morning. martha: stuart, we ll be chewing over that

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