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lots more on that on our website. now on bbc news, political thinking with nick robinson. hello and welcome to political thinking, a conversation with rather than an interrogation of someone who shapes our political thinking. this week, i ve been down to downing street to number 11 to speak to the chancellor, jeremy hunt, who s preparing his budget. he wanted to tell tory mps not to get ahead of themselves about the taxes that he could cut, but also to have a go at those who are saying he shouldn t cut taxes at all. all those organisations with acronyms the imf, the obr, the ifs. here now is my conversation with the chancellor. well, chancellor, thank you for having us here inside number 11 and a rather grand dining room. yes, welcome, nick, it s great to see you here. we re in 11 downing street, this is your office here, you host meetings and dinners in this particular room, but it is also your home what is it like living above the shop? well, the first thing is th ....
now on bbc news, political thinking with nick robinson. hello and welcome to political thinking, a conversation with rather than an interrogation of someone who shapes our political thinking. this week, i ve been down to downing street to number 11 to speak to the chancellor, jeremy hunt, who s preparing his budget. he wanted to tell tory mps not to get ahead of themselves about the taxes that he could cut, but also to have a go at those who are saying he shouldn t cut taxes at all. all those organisations with acronyms the imf, the obr, the ifs. here now is my conversation with the chancellor. well, chancellor, thank you for having us here inside number 11 and a rather grand dining room. yes, welcome, nick, it s great to see you here. we re in 11 downing street, this is your office here, you host meetings and dinners in this particular room, but it is also your home what is it like living above the shop? well, the first thing is that i never expected to be here. an ....
Three major indices closed in correction territory for the first time since march, wait for it, 2016. white rite n right now we are looking. yikes. things are down just minutes into the trading day. all right, dominique, do you first, we only got two weeks left in the year. s&p is now down almost 3%. it s the year no one made money in spite of the fact that if you ask people around the country, the president convinces them that he s the markets guy. he is the markets guy and the reason why it s so important, president trump and members of his senior administration staff have talked about how the economy is the judge and jury if you will on what happens with the president and how he s doing with his policies. the interesting part about the ....
Comments this morning. i m stunned to hear him talk about he s surprised by the market reaction. that makes absolutely no sense because you and i both know wilbur ross is a massively successful markets guy. we also know people inside the administration have told him the opposite. and he was on his own with peter navarro pushing the president to move on these tariffs. and the rest of the white house said no way jose. how could he possibly be surprised by the market reaction? i wonder if wilbur ross is surprised by the market reaction, stephanie, or if wilbur ross is saying he is surprised by the market reaction because that s what the white house wants him to say. so what you just said to me right there is, he s lying because that s what the white house wants him to do. listen, with mr. ross, i m sure you ve interviewed him many times in your career, i ve interviewed him, i ve always found him to be a genuine guy. however i do agree with your thing about how could he be surprised. ....
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