Page 3 - Austerity Programs News Today

Wait to be hired. spain has the word unemployment problem with a staggering rate of 26.6% for november, as unemployment rises you question how much longer governments can stick to their austerity programs. and the problem is with people losing jobs spending power falls so it really is a vicious circle. now the good news in all of this. jon, if there is any is that business and consumer confidence is up in the euro zone. some studies are showing, and basically the market turmoil has sort of calme...

able to get the russians to help out in ousting assad. and what the heck is a higgs bozon and why should you care that astronauts found it? americas favorite astro physicist, neil degrasse tyson will explain it all. first, heres my take -- america has had one more bad month for jobs. 80,000 created last month. this seems a depressing piece of a pattern. over the last two decades, u.s. economic recoveries have tended to be slow and jobless. in every recession from 1948 to 1990, jobs...

suffering? that is what my guest says. he is the head of the main syrian opposition group and is just back from moscow. well ask him whether he was able to get the russians to help out in ousting assad. and what the heck is a higgs bozon and why should you care that astronauts found it? neil degrasse tyson will explain it all. first, heres my take -- america has had one more bad month for jobs. only 8,000 created -- 80,000 created last month. this seems a depressing piece of a patt...

Is is that you would like to see another experiment with bigger cuts before you would accept this premise. is that fair? >> and weve seen cuts in government spending and it drove them into a second recession. >> you reduce demand. now, england, since they control their own currency, theyre able to have low interest rates and are free from all this. when you cant control, its even more incumbent on you to say okay, were going to raise taxes, cut spending, well really have a lot of fire and get so...

Saying, quote, the private sector is doing fine. but he later said this -- >> listen, it is absolutely clear that the economy is not doing fine. there are too many people out of work. the housing market is still weak and too many homes under water. and thats precisely why i asked congress to start taking some steps that can make a difference. >> so, joe, did the president misspeak originally? >> i think what the president was trying to say was technically true in that if you look across the boar...

With cash. >> for fear that i might wind up driving an electric car i have to agree with adam. i cant believe i just said that. >> i was thinking about buying one. i really am. >> i think that europe is a known -- i dont worry so much about europes impact on us. i worry about china and our own policy mistakes. we have a lot of trouble here at home in terms of job growth. in terms of looming tax cut expirations. there is a lot to change the mood of american corporations. >> i think you are undere...

if he succeeds, he charts a path out of the crisis for other countries. then iran. its in dire economic straits for a very different reason. we have another exclusive. this one with irans finance minister about just how crippling u.s.-led sanctions have been for his nation. next up, a conversation with paul krugman. the biggest question in the world today is whether to spend or whether to cut. krugman is the leading voice saying stimulate. ill ask him to defend his views. all tha...

we have another exclusive. if one with irans finance minister about just how crippling u.s.-led sanctions have been for his nation. next up, a conversation with paul, the biggest question in the world today is whether to spend or whether to cut. krugman is the leading voice saying stimulate. ill ask him to defend his views. all that plus superstitions in the race for space. but, first, heres my take. everyone is worried that greece might default on its national debt. thats really not n...

Faring worse than the great depression. debt is a greater ratio of gdp than it was before the austerity programs. >> and based on austerity. >> and slashing spending. >> and of course, has e england -- >> and to give bond -- >> has england cut spending? no sh no, no, it has not. >> we are talking about nominal inflation? >> no, it is not nominal inflation, and what we are saying is that -- >> austerity does have to do with increases, but it is macro flows and one thing that europe has not done i...

This weekend at camp david. high on the agenda, what to do about the european debt crisis that threatens fragile economies really around the world. lets talk about it with paul gigot, editorial page editor for "the wall street journal," were at an interesting time. youve got greece basically bankrupt and threatening to leave the eurozone because its people dont like the austerity program that its government imposed. the french government, the number two economy in europe, trying to bring in an a...