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Detailed text transcripts for TV channel - CNN - 20110105:09:44:00

we will we will probably keep adding to the debt for a very, very long time and at some point i think in the far distant future we ll default on the debt or inflate our way out of the debt, create so much inflation it s easy to pay down the debt. we were bequeathed by mr. clinton a sound fiscal situation. this is not mr. obama s fault. he is not helpful but he inherited a terrible situation. mr. bush wrecked it. mr. obama inherited a bad situation and made it worse. we have a limited time left. there s a schizophrenia, the dow closed up today, two-year highs. rebounded powerfully since the depths of the recession and looking at the data numbers got unemployment at 9.8%. you got 1.5 million people declaring bankruptcy last year. home sales are down. how do you explain the dichotomy

Point-of-view
Debt
Way
Mr
Obama
Situation
Inflation
Fault
Clintona-sound-fiscal-situation
Bush
Left
Schizophrenia

Detailed text transcripts for TV channel - CNN - 20110105:07:44:00

we will we will probably keep adding to the debt for a very, very long time and at some point i think in the far distant future we ll default on the debt or inflate our way out of the debt, create so much inflation it s easy to pay down the debt. we were bequeathed by mr. clinton a sound fiscal situation. this is not mr. obama s fault. he is not helpful but he inherited a terrible situation. mr. bush wrecked it. mr. obama inherited a bad situation and made it worse. we have a limited time left. there s a schizophrenia, the dow closed up today, two-year highs. rebounded powerfully since the depths of the recession and looking at the data numbers got unemployment at 9.8%. you got 1.5 million people declaring bankruptcy last year. home sales are down.

Point-of-view
Debt
Way
Mr
Inflation
Obama
Situation
Fault
Clintona-sound-fiscal-situation
Bush
Left
Schizophrenia

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