i'm with mark little words the director of the institute of economic affairs he says that austerity measures aren't a recipe for economic growth but they are a prerequisite littlewood why are stars the measures so necessary but what we actually need is to get the economy back into some form of balance we are living a normal sleep beyond it's and actually all of the talk about austerity in the united kingdom is somewhat misplaced and that might be the political rhetoric but if you actually look at the numbers it is the british government's intention to add six hundred billion to the national debt over the course of this parliament that's to say they're going to spend six hundred billion pounds sterling more than they bring in taxes and that's austerity i wouldn't like to see us and we can see by looking around the world with everybody talks about the quote but at the moment the process actually this is in very large part i question the process caused by tech and i think that one of the lessons that we put forth is that spending money. is not a root. the moment segregation of spending money st

i'm with mark little words the director of the institute of economic affairs he says that austerity measures aren't a recipe for economic growth but they all a pre wrecked.

i'm with mark little words the director of the institute of economic affairs he says that austerity measures aren't a recipe for economic growth but they are a prerequisites littlewood why austerity measures so necessary well what we actually need is to get the economy back into some form of balance we are living a normal sleep. and actually all of the talk about austerity in the united kingdom is somewhat misplaced and that what.

i'm with mark little words the director of the institute of economic affairs he says that austerity measures aren't a recipe for economic growth but they are a prerequisite littlewood why are stairs the measures so necessary but what we actually need is to get the economy back into some form of balance we are living a normal sleep beyond it's and actually all of the talk about austerity in the united kingdom is somewhat misplaced and that might be the political rhetoric but if you actually look at the numbers it is the british government's intention to add six hundred billion to the national debt over the course of this parliament that's to say they're going to spend six hundred billion pounds sterling more the.

. >> we have christian dorsey the director of external government affairs with the economic policycy instituteanks for coming on the show. christian, you're laughingg3 already. >> not laughing, just smiling. melissa: all right. what do you think happened, christian? >> well i think part of it is certainly something that happens typically this timee when you have a change in quarter in the states. not to get too technical but basically whenever you move into a new quarter it becomes more advantage table just for -- advantageous for people to file in a certain date when benefits tick up higher. for california that date was october 7th for theew quarter. in other stes typically the week beore, a fairly large increases in jobless claims in california. they came a week later. for me i don't look at the week to week noise in the unemployment claims. i look at the four-week rolling average which really tells you the true picture. melissa: paul, those are good points but seem very convenient to me. i don't know, what do you think? >> well, i tell you what i don't think it is ever a good thing when you