embarked on an unprecedented experiment for an industrialized deficit cutting. they have cut nearly 20% of the budget. you ain t seen nothing yet. the main cuts are going to fall in the first quarter of next year and you are going to see hundreds of thousands of government workers it is not clear whether it is going to work or not. look at what s happening in ireland. some of the sceptics have started to be won over. they have said, maybe that was the right thing to do. but you can t go from a hugely expansive government to a very limited summer in the summer? wait a minute, essie. you have to look at what the neighborhood is. the neighborhood is a europe where there is huge currency volatility where you are seeing sovereign debt crises falling like dom niece. you have had greece, ireland, people are predicting portugal and spain. we are going to have to do severe cutting here. elliot has pushed everyone on this show to declare. are we looking forward to this?
started to be won over. they have said, maybe that was the right thing to do. but you can t go from a hugely expansive government to a very limited summer in the summer? wait a minute, essie. you have to look at what the neighborhood is. the neighborhood is a europe where there is huge currency volatility where you are seeing sovereign debt crises falling like dom niece. you have had greece, ireland, people are predicting portugal and spain. we are going to have to do severe cutting here. elliot has pushed everyone on this show to declare. are we looking forward to this? is this what s going to happen here? i don t believe that is true. i find it very interesting, even beyond england when you see young people across the world, whether it be there, france or in iran, when you see injustice, just amount of political engagement among college age students. college students are a constituency that people fear riling in other countries. what has happened to the civic engagement for c