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The long-term, when we do need it. so what he said is it doesn't match to do these tough policies, these austerity policies today, when the real problem is long-term. washington's decision to do the austerity now and save the big decisions later, is utterally wrong. but it was really the third clip where he drove down the hammer, what lawmakers really need to hear. >> will slow the rate of gdp growth by 1 and a half percent points, relative to what it would have been otherwise. a significant portion of this effect is related to the sequestration which is scheduled to begin on march one, which ...

And you have not done much about the long-term, when we do need it. so what he said is it doesn't match to do these tough policies, these austerity policies today, when the real problem is long-term. washington's decision to do the austerity now and save the big decisions later, is utterally wrong. but it was really the third clip where he drove down the hammer, what lawmakers really need to hear. >> will slow the rate of gdp growth by 1 and a half percent points, relative to what it would have been otherwise. a significant portion of this effect is related to the sequestration which is schedu...