Detailed text transcripts for TV channel - CNN - 20100718:14:50:00
Ideological, you can, or call it practical. they do see that they were having to make these big cuts because we got ourselves into a position whereby we could not finance the public services that we thought we could finance 'cause we are not as rich as we thought we were. and decided if something had to be done on a permanent and clear and bold basis to do -- to deal with that problem. >> now it is a fantastic risk, as martin said what is going to on here, i don't think you can deny that it is very clear and that people can see a sense of purpose in t economics is also about politics and is al...