all of that is the best thing that can possibly happen for thest economy. now, there's possible reforms in the process that might make that process even better and fairer, but overall immigration has mixed effects, but immigration at the top is mostly a very good thing. and i would be cautious about labeling or lumping all those things together and blaming our current economic problems. >> host: as you said, we have a line for up employed americans, 202-585-3883. pat calling in on that line from cam depp, new jersey. good morning, pat. >> caller: good morning, everyone. i'm excited to be on. i just wanted to tell you my story. so my story is i am 58 years old, associate's degree in computer science. my industry is health insurance, and since 2005 i've been in and out of employment. so i tried to -- [inaudible] i disagree that community college -- [inaudible] when i was unemployed, i did whatever they told me, so i went to school and took a certification for medical billing and coding. that doesn't get you in the door to do it even though i come from health

experts in thest economy had a higher forecast for our growth.ent has been very careful. we were not so optimistic and therefore we are still in our in line withs and our economic targets. we have been careful. >> the minister schaeuble telling me that we should not be worried about the downturn in germany and that it is only temporary. there are reasons for concern, you saw the unemployment rising unexpectedly in august. you saw gdp contracting in germany and the second quarter. even though that was mainly due to seasonal effects, the minister told me that russian sanctions are harming the german economy. of course, germany wants to keep a partnership with russia. veryeat work, thank you much indeed. joining us from paris. all of that wolfgang schaeuble interview. tesco, one of the world's biggest retailers, has seen shares slumping. britain's biggest retailer cutting its profit forecast and its interim dividend. the basketcase -- it has been a tough couple years. let's talk to caroline hyde about just how bad the news is and how bad news just k