CSPAN News And Public Affairs August 13, 2012
if you do not ask the folks who of done well, you will take more out of middle income and seniors. i want to end with asking with some of the governments that took strict austerity approaches, what is there -- the evidence so far? >> it depends on the circumstances. we're not in the position of the u.k.. we enjoy still and you can see it in the prices of u.s. financial assets, enormous confidence -- this area will find a way to put in extensions of reform. there is confidence out there that congress will come together and do the right thing and that is why we're able to borrow at rel...