Punch Cameron News Today

That cameron has enacted are going to play out in the british economy. we are about to get growth figures out, we had negative growth here in the u.k., and we had michael green on earlier saying, yeah, you do have to cut deficits. but you have to be careful about the way do you it. because you dont want to hamper economic growth, because thats where the jobs come from. >> its such an unclear -- we will find out tomorrow, theyre going to announce the gdp figures. they blamed the last ones on the ...

Is that the bus martin brashear was on? >> i dont know. they look very depressed. >> they dont look very happy. joining us, former senior official and former british government and co-author "how to revive capitalism and put america back on top," michael green joins us once again. good to have you back. >> welcome to london. >> thank you. katty kay is saying shes happy to not be outnumbered. >> when mika does her fake british accent, i feel like its only joe. >> like nail on a chalkboard, im sur...

Those numbers dont add up, and its stunning to me that europe has gotten the message before america. supposedly those rugged individualists in america that believe in jeffersonian democracy, but its the europea europeans actually taking the debt crisis more seriously than the americans. >> the europeans have a real crisis on their doorstep. part of the reason that david cameron has been able to enact the kind of spending cuts he has done, where hundreds of thousands of public sector workers will...

Dramatic cuts because the situation over here is a little worse than it is in the united states rargd the gdp. >> its not that dissimilar, but you are going to have hundreds of thousands of public sector workers losing their jobs and everyone is talking about it. another big difference, you know, eugene was saying there are differences in the waits being handled by the conservative government. we have a top tax rate 15d% thats not being touched by david cameron. interesting if you look at the po...

Always resisted when i was bureau chief over there trying to, you know, drawing parallels between or trying to make a direct relationship between politics in britain and politics here simply because, you know, theyre different. i mean you zbries a royal family over there and a conservative party thats actually to the left of our democratic party in some was. so its a somewhat different context, what they call astairty over there ininvolves for example strengthening the national health service. o...

Article in politico today saying that cameron and whoever the republican -- lets say paul ryan -- theyre in a position that thatcher and reagan were in back in 79 and 80, but they should not expect a flowering of the same movement. theyre going to behave like exterminators and get the rats out. i think the conservatives, if they do the responsible thing, theyre going to be punished. cameron is not going the survive for ten years. >> you know, the trouble with the decisions that are being made no...

>> of course, i want to talk to -- there is a connection between obviously -- weve been talking about austerity here in brittain. were also -- were coming up only the united states where the republicans run the country, the democrats run the country over the next four or five years and tough choices are going to have to be made and were really coming up to a big showdown over raising the debt limit. how is that breaking down. and as a former london bureau chief over here, how does it compare wit...

That hes doing what he has to do, roll up his sleeves, punch cameron a couple of times, but he has nowhere to go. >> this is the best chance of power that theyve ever had, being part of this coalition government. remember, theyre basically a party that was in many ways to the left of the labor party, and yet they have signed on for these huge counts. hundreds are going to loose their jobs in britain this year. of course, the base of the liberal democratic party is saying what are you doing, impl...

Camerons party has been making over the past year? >> these are incredibly serious cuts. theyre the biggest cuts in 70, 80 years. weve seen some departments do 30% cuts in budgets. its quite extraordinary. this is tough, tough. >> lets underline this. camerons cuts are more extreme than thatchers in the early 80s. >> absolutely. >> despite the fact that you get the sense that cameron is not an ideologue, why is he doing it? >> if the debt kept on growing, then wed have a real economic crisis on ...

Worries. so this is a really difficult blangs act. theyve do got to cut the long term effect. >> the former london bureau chief for "the washington post" is with us in washington. gene robinson, do you have a question for michael? >> i do have a question and its about the public reaction to the cuts. there have been demonstrations, people who are angry about whats going on. and im wondering about that. how cameron is weathering that storm and weather indeed hell be able to tough it out. >> yeah,...