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demand to put everybody to work in our economy going forward. this is not the right moment for a lurch to austerity. this is not the right moment to cut the fbi or to cut further the irs, which is already losing the ability to keep the tax system honest by auditing tax cheaters. this is a moment of record low interest rates. that is a moment for us as a country to do what a business would do, which is to take advantage of low borrowing costs to invest in our future. and that's what i hope we will do increasingly in both the public and in the private sector. >> larry summers, pleasure to have you on as always. next up, a president versus a pope. whom would you bet on? this week president erdogan of turkey condemned pope francis. what is behind it, and what does it tell us about turkey? i'll explain when we come back.