Page 33 - Austerity Program News Today

primary. im fredricka whitfield. "fareed zakaria gps" starts right now. >> this is "gps, the global public square." welcome to all of you in the united states and around the world. im fareed zakaria. first up, private equity. the words are on everyones lips thanks to mitt romney. well sit down with one of the inventors private equity, the co-pounder of the legendary carlyle group, david rubenstein. then i have a lot to talk about with an all-star panel. ariana huffington, steve rattner...

carlyle group, david rubenstein. then i have a lot to talk about with an all-star panel. arianna huffington, mort zuckerman on the gop race, the economy, the euro, iran, all kinds of things. next up, what do the shipyard in tahrir square have in common? a lot. ill explain. first, heres my take. i spent the last few weeks working on an essay for "time magazine" on barack obamas foreign policy, and in association with that piece, i interviewed the president last wednesday in the oval off...

Cuts, the brutal approach favored by many republicans in the house. what has this done to things like gdp and unemployment? >> it led to slower gdp growth and that led to higher unemployment. i was in a city that you know about, london, and you could very much sense from talking to policy makers over there that this austerity program is in a lot of trouble in terms of slowing growth and the economy and jobs and also because when the economy grows more slowly, you end up with less revenue. its no...

[shouting] martha: boy, that is not at motorcade to be in. look at the paint on these cars. part of hillary clintons motorcade. they were pelted with eggs and paint and paint-filled balloons i should say. protesters out in force in the philippines. we understand her car thankfully was not hit but wasnt great news for the cars that were hit. no reports of injuries in this situation. the motorcade got out of their quickly went onto the next scheduled event. all in a days work for the secretary the...

freelander and assistant managing editor at "time." stephen, lets start with you. we know europes debt crisis has a very direct impact on the u.s. economy. with europes future still uncertain, how much influence do americans, does congress and president obama have on whats really happening around the world right now. >> not so much. look, a lot of people probably wondering how can a small country like greece and a bigger country like italy throw the entire globally economy into this tu...

americas economic future is uncertain. the crisis threatening it is on the other side of the world. welcome to "your $$$$$." im ali velshi. concerns in the european crisis threatening the global economy and certainly the economic recovery in the united states. stephen moore, editorial writer "wall street journal," chrystia freelander and assistant managing editor at "time." stephen, lets start with you. we know europes debt crisis has a very direct impact on the u.s. economy. with euro...

Minister because he had the audacity to suggest that they be democratic about things and put the austerity program to a vote on the part of the greek people. the elites of europe werent having any of that. we cant do that democracy is a good idea until you put it into practice apparently when it comes to dealing with national debt and rolling back entitlements. >> theyll feel bet are when the german accountants come in and check to see how things are going. when we come back im going to ask lou,...

Imf for years and were seeing as the conditions. austerity program for greece, which has to sell off a ton of public assets and actually what democratic majorities want. what youre saying is, it is -- it is the democratic pressure of upcoming elections for the worlds most important economic leaders merkel and sarkozy and barack obama that is producing a global mandate for a program that reverses course from the sort of disastrous austerity fetish we were on. >> the legitimacy of our financial re...

Interdependent with everybody. i was listening to the previous segment with gillian. and clearly were interdependent. so when our deficit is a real problem, so is everybody elses. and ive been traveling a lot -- surprise -- and basically a lot of people will say its your fault. its your fault whats gone on. so we have to deal with that. >> its americas fault? >> well, thats what they say. i dont happen to believe it. but i do think that our deficit and the whole debt issue and the inability to d...

In two days. why? we are so happy about the greek bailout. then the greek prime minister comes out and says, you know what, lets put this plan up for a vote for referendum among the very people who have been rioting in the streets in protesting a benefit cut. >> and we should explain to the viewers what we are talking about is that germany and france say, look, we will bail you out, greece, but you need to have an as austerity program and you have to start cutting things and the people of greece...