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Detailed text transcripts for TV channel - FOXNEWS - 20100705:18:14:00

Lyndon johnson spent money in good times, vietnam he didn t want to pay for it led to resneghts 70s. but bill clinton knew in good times you save money. the greatest surplus in american history. george bush, we had decent times taken was spending money. republicans were all out for spending while the democrats were for fiscal austerity. rick: it s nice to get a history lesson and learn will economics, they are important win agree with you. but let many think back to president reagan house loved for the sense of optimism he brought with him. this president inherited his share of problems with the administration that precede him. i remember during the campaign senator obama praising ronald reagan a couple times on the

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