I am trying to make a page in photoshop CS with simple text. So, what I did was Go to "New" and I made the size 8.5 x 11 ( same as a normal page for printing) ) Then a white box apperently 8.5 x11 or so it seems pops up. I then hit the text tool and write what I want and that's fine. But when I zoom up a little or go down a little, the text goes all blurry and unclear. I thought text was vectorized already and can go to any size without losing quality. Is there a setting I'm missing?

When you set your page size, set the resolution to 300dpi. Default is 72dpi, which is fine for PC displays. 300 dpi is the default for commercial press.

Thanks, is the dpi, the "Pixels per inch" box?

Yep