Detailed text transcripts for TV channel - MSNBC - 20130330:01:45:00
Moody's. this week it happened again. on wednesday another ratings firm downgraded the uk. for the last five years since the global melt down bestowed upon us in the uk, the government has austerity with slashing government spending fast saying it doesn't matter what it was going to do to the population. they wanted to get their fiscal house in order. they wanted it shore up confidence in the british economy. what they have done, the austerity thing has done the opposite. the strategy hasn't worked very well. t the guy sellingous on this idea, the guy selling austerity for the u.s., is this gu...
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