Austerit Austerity News Today

Our party and the other parties. but at some point we got to do some governing. >> professor peterson, i mean has the gop just given up on being a governing party and just say were going to -- have they just given up altogether on being part of the governing and making this country work? >> im not sure what the long term political gain of that, but its clear that if this sequestration goes through on friday, it looks like it will, its the beginning of an era of us astart austerit austerity in st...

Bond sales to write down spains debt went well. >> we are getting indicators that its slowly adjusting. start to turn in the coming quarter. >> greece might be building on a couple of years of austerit austerity. the country is qualifying for e.u. bail-out money. 2013 is bringing more protests. young and old in athens. unemployment in greece is higher than spain. and pensions are slinking. >> we are rapidly going backwards. far backwards. the only battle is the battle on the street. >> greece is...

Candidate wishes to pursue -- austerit austerity. and guess what, the economys dipping. why arent these people looking at that and saying, hang on a second, theres the experiment. theres your hypothesis, its not working. >> theres the petri dish. and i think the obama administration is looking at it -- >> but not the republican presidential candidates. >> thats why, honestly, martin, i dont think once they have a candidate they are going to get elected. because i think their message is not the r...

Austerity based. please spaexplain that. >> well, i think paul krugman, our nobel laureate, columnist at "the new york times" said it well last week when he talked about, you know, how were focusing too much on our concerns about debt and overleverage at the federal government level. now, im not quite as extreme in my views as paul krugman. i do think that the cuts in the military that you talked about earlier in the show, the probable extinguishment of the bush tax cuts, which will help resolve...

Austerit austerity. and guess what, the economys dipping. why arent these people looking at that and saying, hang on a second, theres the experiment. theres your hypothesis, its not working. >> theres the petri dish. and i think the obama administration is looking at it -- >> but not the republican presidential candidates. >> thats why, honestly, martin, i dont think once they have a candidate they are going to get elected. because i think their message is not the right one. you cannot have extr...