Detailed text transcripts for TV channel - MSNBC - 20130409:11:40:00
Even this government is trying to amend somewhat their fiscal plans. for me the issue to do with austerity or not is not so much a right/left judgment, it's a right/wrong judgment. you've got to bring your deficit under control. but the speed with which you do has got to have two additional objectives. one is it can't be so sharp it's going to cut your growth rates because otherwise your deficit becomes worse. and secondly, shouldn't imperil long-term investment. those are the two challenges if you like for the uk government. but the uk government even though we're outside the single currency ...
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