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Austerity economics and taking something out that is giving us a boost. ask yourself, who is income-constrained in the economy. the obvious answer is the latter. a paycheck boost for them through this payroll tax cut will unquestionably help move growth. the opposite will slow us down further. >> using the uk as a disastrous example. thank you very much indeed. >> my pleasure. >> the day's top lines, fact or fiction. >> we wouldn't have an american embassy in iran. i wouldn't allow that to be there because they are a state sponsor of terror. [ indistinct conversations ] nice, huh? yeah. you kn...

There's -- growth is one of the important ways to get out of this, and the question is are the policies being atphaupnnunc going to go move growth, and moving the growth upward is harder than it sounds. what we have to be careful with is bush 30 years ago, and that was cut taxes and everything will be great and the economy will grow and it will pay for itself, and that has never proven to work. we need to be careful. i want to seat numbers work, not a promise of well, maybe growth is going to make it pay off a couple years from now, and so that's the way to analyze that particular way of appro...