[Script Info]
Title: 
[Events]
Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,0:00:01.10,0:00:05.65,Default,,0000,0000,0000,,percent like to thank grown and grown\Nfor inviting me
Dialogue: 0,0:00:05.65,0:00:10.18,Default,,0000,0000,0000,,and for giving me the opportunity to\Nspeak to you
Dialogue: 0,0:00:10.18,0:00:14.69,Default,,0000,0000,0000,,this time not the bar the shears is that\Nthere are
Dialogue: 0,0:00:14.69,0:00:20.41,Default,,0000,0000,0000,,they no school what I have been doing\Nfor the last fifteen years the cheese
Dialogue: 0,0:00:20.41,0:00:25.79,Default,,0000,0000,0000,,gender equality on neither today and\Ngoing to Krogers
Dialogue: 0,0:00:25.79,0:00:29.97,Default,,0000,0000,0000,,on unemployment and I really
Dialogue: 0,0:00:29.97,0:00:33.26,Default,,0000,0000,0000,,pick-up in every 20 years you will see\Nnow
Dialogue: 0,0:00:33.26,0:00:36.83,Default,,0000,0000,0000,,what that the previous speakers kid\Nsmoking a bong
Dialogue: 0,0:00:36.83,0:00:41.03,Default,,0000,0000,0000,,only I really focused or bench time and\Nour discussion
Dialogue: 0,0:00:41.03,0:00:45.13,Default,,0000,0000,0000,,on they case increase click
Dialogue: 0,0:00:45.13,0:00:49.55,Default,,0000,0000,0000,,respectability become about background\NI'm sure that your own
Dialogue: 0,0:00:49.55,0:00:52.77,Default,,0000,0000,0000,,taking I in the newspapers for
Dialogue: 0,0:00:52.77,0:00:57.70,Default,,0000,0000,0000,,few years now I'm tripping com workers\Nsaid happened eating
Dialogue: 0,0:00:57.70,0:01:01.49,Default,,0000,0000,0000,,Europe's five countries including Greece
Dialogue: 0,0:01:01.49,0:01:04.55,Default,,0000,0000,0000,,what they have in mind he's we can\Nrelease saying
Dialogue: 0,0:01:04.55,0:01:07.66,Default,,0000,0000,0000,,or two girl Ireland and
Dialogue: 0,0:01:07.66,0:01:11.64,Default,,0000,0000,0000,,grease so I'm let me let me begin
Dialogue: 0,0:01:11.64,0:01:14.84,Default,,0000,0000,0000,,arm we okay re just
Dialogue: 0,0:01:14.84,0:01:18.51,Default,,0000,0000,0000,,peace lines that really some I'm there
Dialogue: 0,0:01:18.51,0:01:21.89,Default,,0000,0000,0000,,and did you what happened in Greece and\NI wouldn't it would be you some
Dialogue: 0,0:01:21.89,0:01:23.94,Default,,0000,0000,0000,,background on before we begin
Dialogue: 0,0:01:23.94,0:01:27.75,Default,,0000,0000,0000,,repay use Eventbrite how to handle and\Ngovernment today
Dialogue: 0,0:01:27.75,0:01:30.81,Default,,0000,0000,0000,,increase so at the end 0
Dialogue: 0,0:01:30.81,0:01:35.13,Default,,0000,0000,0000,,5 2009 beginning all 2010
Dialogue: 0,0:01:35.13,0:01:38.81,Default,,0000,0000,0000,,Greece finds itself in a situation where\Nthey
Dialogue: 0,0:01:38.81,0:01:43.37,Default,,0000,0000,0000,,56 and bi-annual difference between
Dialogue: 0,0:01:43.37,0:01:47.44,Default,,0000,0000,0000,,great thanks that they're collecting the\Ntaxes are collected and the amount the
Dialogue: 0,0:01:47.44,0:01:49.03,Default,,0000,0000,0000,,government spends was
Dialogue: 0,0:01:49.03,0:01:50.36,Default,,0000,0000,0000,,exactly
Dialogue: 0,0:01:50.36,0:01:55.58,Default,,0000,0000,0000,,a sixty-percent and the day accumulate\Nyou did was come into the crowd
Dialogue: 0,0:01:55.58,0:01:59.93,Default,,0000,0000,0000,,percentage would be and got who's\Ninvited a scan actually
Dialogue: 0,0:01:59.93,0:02:04.06,Default,,0000,0000,0000,,over it CP that or countries that belong\Nto the puter zone
Dialogue: 0,0:02:04.06,0:02:09.66,Default,,0000,0000,0000,,that they're using day you know com pick\Nto sign on in order to become members of
Dialogue: 0,0:02:09.66,0:02:10.52,Default,,0000,0000,0000,,the euro zone
Dialogue: 0,0:02:10.52,0:02:15.45,Default,,0000,0000,0000,,and being in my arms see pp that they\Nsigned when they
Dialogue: 0,0:02:15.45,0:02:18.59,Default,,0000,0000,0000,,become members over the euro zone's says\Nthat
Dialogue: 0,0:02:18.59,0:02:22.08,Default,,0000,0000,0000,,they day cannot exceed sixty percent of\NGDP
Dialogue: 0,0:02:22.08,0:02:26.85,Default,,0000,0000,0000,,and their i'm yearning their deficit\Ncannot be more than 3 percent
Dialogue: 0,0:02:26.85,0:02:30.00,Default,,0000,0000,0000,,okay to be I'll so preschoolers
Dialogue: 0,0:02:30.00,0:02:33.05,Default,,0000,0000,0000,,clearly and buy an external drive from
Dialogue: 0,0:02:33.05,0:02:36.57,Default,,0000,0000,0000,,but I wanna ask the company's and new\Ncarpet
Dialogue: 0,0:02:36.57,0:02:40.02,Default,,0000,0000,0000,,the I rose that they had him as you see
Dialogue: 0,0:02:40.02,0:02:45.63,Default,,0000,0000,0000,,big gap between the red and blue lines\Nthe red line being total expenditures
Dialogue: 0,0:02:45.63,0:02:49.09,Default,,0000,0000,0000,,and add the 29 a gripping you I'm
Dialogue: 0,0:02:49.09,0:02:54.73,Default,,0000,0000,0000,,is there but it is quite small be for\Nthe conference center and the last
Dialogue: 0,0:02:54.73,0:02:55.58,Default,,0000,0000,0000,,quarter
Dialogue: 0,0:02:55.58,0:02:59.41,Default,,0000,0000,0000,,Richies when their subprime mortgage
Dialogue: 0,0:02:59.41,0:03:02.41,Default,,0000,0000,0000,,crisis erupts in the United States and\Nstarts
Dialogue: 0,0:03:02.41,0:03:09.39,Default,,0000,0000,0000,,scathing sound throughout the world\Nnortheast that between 2007 and up 2007
Dialogue: 0,0:03:09.39,0:03:13.29,Default,,0000,0000,0000,,and 2000 a there is a gap between the\Ntwo
Dialogue: 0,0:03:13.29,0:03:18.96,Default,,0000,0000,0000,,got of course he's home difficult\Nprocess and put a long time
Dialogue: 0,0:03:18.96,0:03:22.32,Default,,0000,0000,0000,,but then 160 2009
Dialogue: 0,0:03:22.32,0:03:27.13,Default,,0000,0000,0000,,think that he had eight they definitely\Nincrease total expenditures do not
Dialogue: 0,0:03:27.13,0:03:28.48,Default,,0000,0000,0000,,change much today
Dialogue: 0,0:03:28.48,0:03:31.61,Default,,0000,0000,0000,,they've done does not change much\Nbecause the blue line
Dialogue: 0,0:03:31.61,0:03:34.95,Default,,0000,0000,0000,,that goes beyond what does that mean\Nthat means you have a
Dialogue: 0,0:03:34.95,0:03:40.46,Default,,0000,0000,0000,,economy that is in the section you have\Nan environment for businesses
Dialogue: 0,0:03:40.46,0:03:44.19,Default,,0000,0000,0000,,writing this because the crises and\Ntherefore there is this
Dialogue: 0,0:03:44.19,0:03:44.81,Default,,0000,0000,0000,,didn't
Dialogue: 0,0:03:44.81,0:03:49.50,Default,,0000,0000,0000,,that the government has big gap between\Nspending and revenue decreases
Dialogue: 0,0:03:49.50,0:03:54.10,Default,,0000,0000,0000,,it is in these circumstances in 2009
Dialogue: 0,0:03:54.10,0:03:57.35,Default,,0000,0000,0000,,got Greece is not able
Dialogue: 0,0:03:57.35,0:04:00.41,Default,,0000,0000,0000,,cool certainly speaks it it
Dialogue: 0,0:04:00.41,0:04:03.62,Default,,0000,0000,0000,,has a because the the rolling over
Dialogue: 0,0:04:03.62,0:04:07.04,Default,,0000,0000,0000,,obligations that they had good on and\Ntheir
Dialogue: 0,0:04:07.04,0:04:11.40,Default,,0000,0000,0000,,for that government that was elected\Nback pain 2009
Dialogue: 0,0:04:11.40,0:04:15.62,Default,,0000,0000,0000,,arm sorry about that in 2009
Dialogue: 0,0:04:15.62,0:04:21.18,Default,,0000,0000,0000,,are decided that exactly loans the way\Nto be taken out and getting paid by the
Dialogue: 0,0:04:21.18,0:04:21.82,Default,,0000,0000,0000,,troika
Dialogue: 0,0:04:21.82,0:04:26.58,Default,,0000,0000,0000,,that these days you know bien Commission\Nthe European Central Bank and a and
Dialogue: 0,0:04:26.58,0:04:26.84,Default,,0000,0000,0000,,their
Dialogue: 0,0:04:26.84,0:04:31.48,Default,,0000,0000,0000,,now I am at pretty sure that you all\Nknow
Dialogue: 0,0:04:31.48,0:04:34.56,Default,,0000,0000,0000,,their Latin America way
Dialogue: 0,0:04:34.56,0:04:38.14,Default,,0000,0000,0000,,school plenty of similar financial\Ntrouble
Dialogue: 0,0:04:38.14,0:04:43.09,Default,,0000,0000,0000,,in the eighties and big head to also be\Nrescued
Dialogue: 0,0:04:43.09,0:04:47.08,Default,,0000,0000,0000,,through these and I could use on all
Dialogue: 0,0:04:47.08,0:04:51.00,Default,,0000,0000,0000,,funds that they would be saving and they\Nhad to sign
Dialogue: 0,0:04:51.00,0:04:55.13,Default,,0000,0000,0000,,memoranda all agreements in order to\Nreceive
Dialogue: 0,0:04:55.13,0:04:59.03,Default,,0000,0000,0000,,these loans and that point 8 p.m.\Nbackground
Dialogue: 0,0:04:59.03,0:05:02.16,Default,,0000,0000,0000,,exactly the same idea was applied in
Dialogue: 0,0:05:02.16,0:05:06.24,Default,,0000,0000,0000,,grace but in other countries as well the\Nthinking is that
Dialogue: 0,0:05:06.24,0:05:10.60,Default,,0000,0000,0000,,if you're borrowing the primary concern\Nif the borrower
Dialogue: 0,0:05:10.60,0:05:14.41,Default,,0000,0000,0000,,is to ensure that you're going to be\Nable to pay back
Dialogue: 0,0:05:14.41,0:05:19.01,Default,,0000,0000,0000,,and in order to pay back some\Nsupervisory board
Dialogue: 0,0:05:19.01,0:05:23.28,Default,,0000,0000,0000,,is going to make sure that your micro\Neconomic policies and the way the truth
Dialogue: 0,0:05:23.28,0:05:24.67,Default,,0000,0000,0000,,and the economy he said
Dialogue: 0,0:05:24.67,0:05:27.51,Default,,0000,0000,0000,,that love accept less
Dialogue: 0,0:05:27.51,0:05:31.09,Default,,0000,0000,0000,,meaning you will be collecting more\Ntaxes than work is spending
Dialogue: 0,0:05:31.09,0:05:36.30,Default,,0000,0000,0000,,you know to be able to make payments but\Nif we think about it for a minute
Dialogue: 0,0:05:36.30,0:05:39.59,Default,,0000,0000,0000,,you can accomplish this through two\Ndifferent ways
Dialogue: 0,0:05:39.59,0:05:43.30,Default,,0000,0000,0000,,one easy economy grows prior and the\Nlike
Dialogue: 0,0:05:43.30,0:05:46.92,Default,,0000,0000,0000,,then your revenue really be plenty
Dialogue: 0,0:05:46.92,0:05:52.31,Default,,0000,0000,0000,,and you again spend for your local needs\Nand have something left over
Dialogue: 0,0:05:52.31,0:05:56.26,Default,,0000,0000,0000,,to make payments your debtors the etrade
Dialogue: 0,0:05:56.26,0:06:00.44,Default,,0000,0000,0000,,to do it is to slash spending
Dialogue: 0,0:06:00.44,0:06:04.30,Default,,0000,0000,0000,,government spending you may be receiving\Nthis AM
Dialogue: 0,0:06:04.30,0:06:07.32,Default,,0000,0000,0000,,revenue now you don't spend it and\Nbasically
Dialogue: 0,0:06:07.32,0:06:13.26,Default,,0000,0000,0000,,what you do I you reduce spending on\Nhealth education transportation
Dialogue: 0,0:06:13.26,0:06:16.75,Default,,0000,0000,0000,,you'll find here your public
Dialogue: 0,0:06:16.75,0:06:20.76,Default,,0000,0000,0000,,severance literally you did use their\Nages by how much
Dialogue: 0,0:06:20.76,0:06:24.84,Default,,0000,0000,0000,,go percent 15 percent and 20 percent\Npensions
Dialogue: 0,0:06:24.84,0:06:28.20,Default,,0000,0000,0000,,you stop paying pensions you refuse\Npensions by
Dialogue: 0,0:06:28.20,0:06:31.28,Default,,0000,0000,0000,,34 percent and at the same time
Dialogue: 0,0:06:31.28,0:06:34.66,Default,,0000,0000,0000,,p57 you ongoing and that
Dialogue: 0,0:06:34.66,0:06:37.75,Default,,0000,0000,0000,,with the primary sectors with the\Nsurface that will allow you to make
Dialogue: 0,0:06:37.75,0:06:39.59,Default,,0000,0000,0000,,payments but in the meantime
Dialogue: 0,0:06:39.59,0:06:44.63,Default,,0000,0000,0000,,you may have killed of the economy and\Nits people and this is exactly what is
Dialogue: 0,0:06:44.63,0:06:48.16,Default,,0000,0000,0000,,happening in Greece and this is what I'm\Ntrying here on the 3rd Graf
Dialogue: 0,0:06:48.16,0:06:51.43,Default,,0000,0000,0000,,on the 2nd Graf here where you see
Dialogue: 0,0:06:51.43,0:06:55.77,Default,,0000,0000,0000,,government spending disposable income\Nand consumption expenditures
Dialogue: 0,0:06:55.77,0:06:59.44,Default,,0000,0000,0000,,the learning or won't be needed if they\Ndon't
Dialogue: 0,0:06:59.44,0:07:03.24,Default,,0000,0000,0000,,essentially com since 2010 and picking
Dialogue: 0,0:07:03.24,0:07:06.54,Default,,0000,0000,0000,,2010 because this is where I'm we sign
Dialogue: 0,0:07:06.54,0:07:11.51,Default,,0000,0000,0000,,that first bailout package so Greece has\Nnow
Dialogue: 0,0:07:11.51,0:07:13.66,Default,,0000,0000,0000,,borrow $250 billion
Dialogue: 0,0:07:13.66,0:07:16.89,Default,,0000,0000,0000,,know that too be able to roll over it's\Nthere
Dialogue: 0,0:07:16.89,0:07:22.08,Default,,0000,0000,0000,,and essentially or what they described\Nwhich are there
Dialogue: 0,0:07:22.08,0:07:27.47,Default,,0000,0000,0000,,austerity measures and based on the AVR\Nthat payment center there
Dialogue: 0,0:07:27.47,0:07:30.82,Default,,0000,0000,0000,,God to the degree that you are
Dialogue: 0,0:07:30.82,0:07:36.67,Default,,0000,0000,0000,,cutting down the sink in the government\Nsector less and less government spending
Dialogue: 0,0:07:36.67,0:07:39.75,Default,,0000,0000,0000,,we're I love you to reach have to say
Dialogue: 0,0:07:39.75,0:07:43.21,Default,,0000,0000,0000,,for the fun of course this is company
Dialogue: 0,0:07:43.21,0:07:46.74,Default,,0000,0000,0000,,nonsense and one of the things that\Nhappen
Dialogue: 0,0:07:46.74,0:07:50.28,Default,,0000,0000,0000,,me is that I have see think they see it\N2008
Dialogue: 0,0:07:50.28,0:07:54.53,Default,,0000,0000,0000,,unemployed people in Greece where
Dialogue: 0,0:07:54.53,0:07:58.28,Default,,0000,0000,0000,,room the unemployed in places where
Dialogue: 0,0:07:58.28,0:08:02.66,Default,,0000,0000,0000,,downdraft 370,000 2010 their
Dialogue: 0,0:08:02.66,0:08:06.01,Default,,0000,0000,0000,,on their doing this second here the\Ncrisis in Greece
Dialogue: 0,0:08:06.01,0:08:09.28,Default,,0000,0000,0000,,before the AM at and alone scummy
Dialogue: 0,0:08:09.28,0:08:12.55,Default,,0000,0000,0000,,and we have 640 that there are but
Dialogue: 0,0:08:12.55,0:08:16.24,Default,,0000,0000,0000,,fast-forwarding and give it two and a\Nhalf more years
Dialogue: 0,0:08:16.24,0:08:21.77,Default,,0000,0000,0000,,this is where the speaker comes from and\Nyou now have 1.3 million people
Dialogue: 0,0:08:21.77,0:08:24.85,Default,,0000,0000,0000,,online this is a small country 10\Nmillion people
Dialogue: 0,0:08:24.85,0:08:29.28,Default,,0000,0000,0000,,the n really meant that you were talking\Nabout earlier
Dialogue: 0,0:08:29.28,0:08:33.05,Default,,0000,0000,0000,,to the appropriation on acro
Dialogue: 0,0:08:33.05,0:08:36.81,Default,,0000,0000,0000,,need 2008 let's say worth roughly six\Npercent
Dialogue: 0,0:08:36.81,0:08:41.76,Default,,0000,0000,0000,,today this forty percent and we 40\Npercent
Dialogue: 0,0:08:41.76,0:08:44.85,Default,,0000,0000,0000,,employment vicious repair unemployment
Dialogue: 0,0:08:44.85,0:08:47.93,Default,,0000,0000,0000,,that his cheeks 27
Dialogue: 0,0:08:47.93,0:08:51.70,Default,,0000,0000,0000,,can be going to 28 percent justifiably
Dialogue: 0,0:08:51.70,0:08:56.38,Default,,0000,0000,0000,,this thought that might be the\Nbabysitter com where they have here
Dialogue: 0,0:08:56.38,0:09:00.52,Default,,0000,0000,0000,,is to grass that that comparing the\NGreek situation with the Great
Dialogue: 0,0:09:00.52,0:09:02.12,Default,,0000,0000,0000,,Depression the United States
Dialogue: 0,0:09:02.12,0:09:06.16,Default,,0000,0000,0000,,com the craft's comment from it paper
Dialogue: 0,0:09:06.16,0:09:10.10,Default,,0000,0000,0000,,aren't prepared mind by my to call it\Nthat they leave Institute
Dialogue: 0,0:09:10.10,0:09:13.12,Default,,0000,0000,0000,,and the blue line represents
Dialogue: 0,0:09:13.12,0:09:17.27,Default,,0000,0000,0000,,Greece and you can see that bone the\Nlead hand side
Dialogue: 0,0:09:17.27,0:09:20.58,Default,,0000,0000,0000,,graph that shows added be gross national
Dialogue: 0,0:09:20.58,0:09:23.80,Default,,0000,0000,0000,,product he's declining
Dialogue: 0,0:09:23.80,0:09:27.98,Default,,0000,0000,0000,,and is the plan and get the clanging\Nfour years into their
Dialogue: 0,0:09:27.98,0:09:32.05,Default,,0000,0000,0000,,Great Depression in the United States\Nyou have it there around
Dialogue: 0,0:09:32.05,0:09:37.27,Default,,0000,0000,0000,,nothing grace see going down and when\Nyou look at the unemployment
Dialogue: 0,0:09:37.27,0:09:40.32,Default,,0000,0000,0000,,situation saving the
Dialogue: 0,0:09:40.32,0:09:44.81,Default,,0000,0000,0000,,Blackline here so the United States the\Nresistor
Dialogue: 0,0:09:44.81,0:09:48.18,Default,,0000,0000,0000,,around in terms of unemployment lot\Ngoing
Dialogue: 0,0:09:48.18,0:09:51.25,Default,,0000,0000,0000,,our best 25 percent and coming down
Dialogue: 0,0:09:51.25,0:09:54.67,Default,,0000,0000,0000,,increase as I have shown you already it\Nhas being
Dialogue: 0,0:09:54.67,0:10:00.04,Default,,0000,0000,0000,,or Olympics crosscut 35 percent it now\Ncloser to 28 percent
Dialogue: 0,0:10:00.04,0:10:03.38,Default,,0000,0000,0000,,and rising
Dialogue: 0,0:10:03.38,0:10:06.94,Default,,0000,0000,0000,,so whether they should not increase it\Nwhen we look at
Dialogue: 0,0:10:06.94,0:10:11.10,Default,,0000,0000,0000,,unemployment the basic issue is that we\Ncontinue
Dialogue: 0,0:10:11.10,0:10:14.63,Default,,0000,0000,0000,,to hair we continued to head
Dialogue: 0,0:10:14.63,0:10:18.15,Default,,0000,0000,0000,,a our said all 40s
Dialogue: 0,0:10:18.15,0:10:21.53,Default,,0000,0000,0000,,the aesthetic that there was describing\Nbefore
Dialogue: 0,0:10:21.53,0:10:25.03,Default,,0000,0000,0000,,this reading of the government decline
Dialogue: 0,0:10:25.03,0:10:28.46,Default,,0000,0000,0000,,ways no smaller and I will sorry
Dialogue: 0,0:10:28.46,0:10:34.56,Default,,0000,0000,0000,,harm the used rangy trying to become\Nmore competitive in export more
Dialogue: 0,0:10:34.56,0:10:38.42,Default,,0000,0000,0000,,that are simply not working there\Nshading the economy
Dialogue: 0,0:10:38.42,0:10:41.57,Default,,0000,0000,0000,,but they are not the getting us outdoor\Nthe sex
Dialogue: 0,0:10:41.57,0:10:45.99,Default,,0000,0000,0000,,now in Greece is in a bit could hear\Nsituation
Dialogue: 0,0:10:45.99,0:10:49.19,Default,,0000,0000,0000,,the United States is in a very different\Nand they did
Dialogue: 0,0:10:49.19,0:10:53.62,Default,,0000,0000,0000,,exist under very different circumstances\Nbecause you have an autonomous KNC
Dialogue: 0,0:10:53.62,0:10:57.86,Default,,0000,0000,0000,,and for those who have you that of have\Nbeen participating
Dialogue: 0,0:10:57.86,0:11:01.25,Default,,0000,0000,0000,,in the day is sending out with him on\NMonday beauty
Dialogue: 0,0:11:01.25,0:11:04.46,Default,,0000,0000,0000,,you would be immediately recognize what\Nthat means
Dialogue: 0,0:11:04.46,0:11:08.28,Default,,0000,0000,0000,,Greece does not have it carries
Dialogue: 0,0:11:08.28,0:11:11.65,Default,,0000,0000,0000,,ovitz home cannot be shipped goods your
Dialogue: 0,0:11:11.65,0:11:16.34,Default,,0000,0000,0000,,bar all they you know and that means for\Nexample you can I think I'm here only
Dialogue: 0,0:11:16.34,0:11:17.35,Default,,0000,0000,0000,,this face
Dialogue: 0,0:11:17.35,0:11:21.34,Default,,0000,0000,0000,,you cannot get up eat mine you cannot
Dialogue: 0,0:11:21.34,0:11:24.73,Default,,0000,0000,0000,,issue bonds yourself you have to care
Dialogue: 0,0:11:24.73,0:11:28.01,Default,,0000,0000,0000,,permission and if the position is not be\Nthen you cannot
Dialogue: 0,0:11:28.01,0:11:31.37,Default,,0000,0000,0000,,so saying then my
Dialogue: 0,0:11:31.37,0:11:35.58,Default,,0000,0000,0000,,my stick 50 as you 24 also take subway\NBRB
Dialogue: 0,0:11:35.58,0:11:39.15,Default,,0000,0000,0000,,cool head expansionary fiscal policy
Dialogue: 0,0:11:39.15,0:11:42.96,Default,,0000,0000,0000,,so during a session on instead of the\Ngovernment being
Dialogue: 0,0:11:42.96,0:11:47.07,Default,,0000,0000,0000,,there I 3 able to spend more
Dialogue: 0,0:11:47.07,0:11:51.20,Default,,0000,0000,0000,,in order to make up for this thinking\Nthat they took place in the private
Dialogue: 0,0:11:51.20,0:11:51.90,Default,,0000,0000,0000,,sector
Dialogue: 0,0:11:51.90,0:11:56.32,Default,,0000,0000,0000,,you cannot do that either so you don't\Nhave fiscal plans you don't want to say
Dialogue: 0,0:11:56.32,0:11:58.37,Default,,0000,0000,0000,,but if you don't have it saved it for\Nyou
Dialogue: 0,0:11:58.37,0:12:02.99,Default,,0000,0000,0000,,so what do you have 100 any policy\Ninstruments there were a lot of
Dialogue: 0,0:12:02.99,0:12:07.85,Default,,0000,0000,0000,,up folks have talked about today\Nincomplete this phone
Dialogue: 0,0:12:07.85,0:12:13.44,Default,,0000,0000,0000,,p I picked our all they European Union\Nand how these needs to change I don't
Dialogue: 0,0:12:13.44,0:12:14.58,Default,,0000,0000,0000,,think I'll
Dialogue: 0,0:12:14.58,0:12:18.20,Default,,0000,0000,0000,,warm or cool of the European Union and
Dialogue: 0,0:12:18.20,0:12:21.59,Default,,0000,0000,0000,,if that is not the greatest we're gonna\Ngo anywhere you know
Dialogue: 0,0:12:21.59,0:12:25.50,Default,,0000,0000,0000,,there is no employment target
Dialogue: 0,0:12:25.50,0:12:28.95,Default,,0000,0000,0000,,for any of the country's you know the\Nword
Dialogue: 0,0:12:28.95,0:12:32.50,Default,,0000,0000,0000,,this excess or crazy here all the\Ncountry
Dialogue: 0,0:12:32.50,0:12:37.25,Default,,0000,0000,0000,,and what countries signed on 30 games to\Nwhere they hit people
Dialogue: 0,0:12:37.25,0:12:40.72,Default,,0000,0000,0000,,your Park CW and he was spending
Dialogue: 0,0:12:40.72,0:12:44.04,Default,,0000,0000,0000,,under control he does not ask
Dialogue: 0,0:12:44.04,0:12:47.40,Default,,0000,0000,0000,,on or whether the economy is growing
Dialogue: 0,0:12:47.40,0:12:50.62,Default,,0000,0000,0000,,increasing creating decent jobs so
Dialogue: 0,0:12:50.62,0:12:53.87,Default,,0000,0000,0000,,the orientation on that even didn't\Nfully
Dialogue: 0,0:12:53.87,0:12:57.47,Default,,0000,0000,0000,,you know this magnificent a benefit for\Nthose that like that this is it good
Dialogue: 0,0:12:57.47,0:12:58.09,Default,,0000,0000,0000,,landed
Dialogue: 0,0:12:58.09,0:13:03.73,Default,,0000,0000,0000,,where it is likely not there or not to\Nhave quantitative easing up by the
Dialogue: 0,0:13:03.73,0:13:06.20,Default,,0000,0000,0000,,thinking easing in terms of employment
Dialogue: 0,0:13:06.20,0:13:10.89,Default,,0000,0000,0000,,back took place of birth but at least\Nyou have to send the data center banks a
Dialogue: 0,0:13:10.89,0:13:15.45,Default,,0000,0000,0000,,we will continue this policy and being\Nunemployment rates come down 5 percent
Dialogue: 0,0:13:15.45,0:13:18.68,Default,,0000,0000,0000,,in Europe there is no policy
Dialogue: 0,0:13:18.68,0:13:23.48,Default,,0000,0000,0000,,essentially around and going but what do\Nwe have in Europe
Dialogue: 0,0:13:23.48,0:13:27.41,Default,,0000,0000,0000,,what we have in Europe is and undegraded
Dialogue: 0,0:13:27.41,0:13:31.38,Default,,0000,0000,0000,,active labor market said appoints are
Dialogue: 0,0:13:31.38,0:13:36.13,Default,,0000,0000,0000,,what they mean by anti prom
Dialogue: 0,0:13:36.13,0:13:39.11,Default,,0000,0000,0000,,Bob spoke about handed area
Dialogue: 0,0:13:39.11,0:13:42.68,Default,,0000,0000,0000,,if you beat me in we APR
Dialogue: 0,0:13:42.68,0:13:46.08,Default,,0000,0000,0000,,got when do you have any learn there is\Nsomething wrong
Dialogue: 0,0:13:46.08,0:13:49.56,Default,,0000,0000,0000,,with that person that these and run many
Dialogue: 0,0:13:49.56,0:13:54.07,Default,,0000,0000,0000,,the president's applying made by the 5k\Ncontact with everything
Dialogue: 0,0:13:54.07,0:13:57.35,Default,,0000,0000,0000,,education and that he thinks so
Dialogue: 0,0:13:57.35,0:14:02.01,Default,,0000,0000,0000,,cuz the fight poverty educate them if\Nyou educate them
Dialogue: 0,0:14:02.01,0:14:06.12,Default,,0000,0000,0000,,they have good skills to bed getting the\Nmarket today
Dialogue: 0,0:14:06.12,0:14:12.08,Default,,0000,0000,0000,,the right way he said they get employed\NBernard professor that it or read that
Dialogue: 0,0:14:12.08,0:14:15.68,Default,,0000,0000,0000,,ain't necessarily so and
Dialogue: 0,0:14:15.68,0:14:18.93,Default,,0000,0000,0000,,I love love you made the comparisons\Nbetween
Dialogue: 0,0:14:18.93,0:14:23.43,Default,,0000,0000,0000,,white folks and got the folks when it\Ncomes to different levels over education
Dialogue: 0,0:14:23.43,0:14:23.98,Default,,0000,0000,0000,,because
Dialogue: 0,0:14:23.98,0:14:26.99,Default,,0000,0000,0000,,I remember teaching gender all
Dialogue: 0,0:14:26.99,0:14:31.20,Default,,0000,0000,0000,,you get exactly the same picture up\Nuntil the late 90's then something's
Dialogue: 0,0:14:31.20,0:14:34.86,Default,,0000,0000,0000,,teams huge huge gaps that that\Ninexplicable
Dialogue: 0,0:14:34.86,0:14:40.87,Default,,0000,0000,0000,,back pain prism so if they suck yoba boy
Dialogue: 0,0:14:40.87,0:14:45.33,Default,,0000,0000,0000,,these problems I think what you do you\Nhave to pay
Dialogue: 0,0:14:45.33,0:14:48.90,Default,,0000,0000,0000,,you have to think they did you and you\Ndon't have to pick up my pic you don't
Dialogue: 0,0:14:48.90,0:14:49.78,Default,,0000,0000,0000,,have to fix
Dialogue: 0,0:14:49.78,0:14:52.97,Default,,0000,0000,0000,,the labor markets you don't have to\Nthink about
Dialogue: 0,0:14:52.97,0:14:57.73,Default,,0000,0000,0000,,whether it be man he said patient to cry\Neverybody'd your feet say about
Dialogue: 0,0:14:57.73,0:15:00.94,Default,,0000,0000,0000,,and who are wrongly labour s
Dialogue: 0,0:15:00.94,0:15:04.27,Default,,0000,0000,0000,,was most vulnerable in the opinion
Dialogue: 0,0:15:04.27,0:15:07.78,Default,,0000,0000,0000,,all the europeans the most vulnerable\Nthe you
Dialogue: 0,0:15:07.78,0:15:11.19,Default,,0000,0000,0000,,they don't care any
Dialogue: 0,0:15:11.19,0:15:15.84,Default,,0000,0000,0000,,experience maybe they have the same\Nlevel of education
Dialogue: 0,0:15:15.84,0:15:20.92,Default,,0000,0000,0000,,but if it is any no I meant we have to\Nhelp them
Dialogue: 0,0:15:20.92,0:15:24.75,Default,,0000,0000,0000,,become and purely a bomb and
Dialogue: 0,0:15:24.75,0:15:27.76,Default,,0000,0000,0000,,be there educate them a little bit more\Nor
Dialogue: 0,0:15:27.76,0:15:30.67,Default,,0000,0000,0000,,we had through I love them
Dialogue: 0,0:15:30.67,0:15:35.41,Default,,0000,0000,0000,,given first tends to the company so that\Ngovernment
Dialogue: 0,0:15:35.41,0:15:39.51,Default,,0000,0000,0000,,for you see in Sweden you feel and
Dialogue: 0,0:15:39.51,0:15:42.99,Default,,0000,0000,0000,,in Germany you never see them countries\Nin Europe
Dialogue: 0,0:15:42.99,0:15:46.54,Default,,0000,0000,0000,,has been focusing on two things when\Nthey speak
Dialogue: 0,0:15:46.54,0:15:49.60,Default,,0000,0000,0000,,about hand I'm
Dialogue: 0,0:15:49.60,0:15:53.74,Default,,0000,0000,0000,,one these increasing and create be
Dialogue: 0,0:15:53.74,0:15:57.58,Default,,0000,0000,0000,,the other is increasing the ability to\Nbe an entertainer
Dialogue: 0,0:15:57.58,0:16:01.26,Default,,0000,0000,0000,,anything wrong with that no
Dialogue: 0,0:16:01.26,0:16:05.41,Default,,0000,0000,0000,,he doesn't line though some people\Nabsolutely this is this story for
Dialogue: 0,0:16:05.41,0:16:06.93,Default,,0000,0000,0000,,excitement to the bookmaker
Dialogue: 0,0:16:06.93,0:16:12.71,Default,,0000,0000,0000,,but not for everybody and there are\Nother issues that pic to do
Dialogue: 0,0:16:12.71,0:16:16.28,Default,,0000,0000,0000,,wreath demand for labour so
Dialogue: 0,0:16:16.28,0:16:20.16,Default,,0000,0000,0000,,in a situation like the one we are\Nfacing
Dialogue: 0,0:16:20.16,0:16:23.26,Default,,0000,0000,0000,,now movies and what they had here
Dialogue: 0,0:16:23.26,0:16:27.18,Default,,0000,0000,0000,,is com be any live in great see if you\Ncan look
Dialogue: 0,0:16:27.18,0:16:32.54,Default,,0000,0000,0000,,I the first column this is 2008 and the\Nnext column
Dialogue: 0,0:16:32.54,0:16:35.79,Default,,0000,0000,0000,,shows you the and Gromit
Dialogue: 0,0:16:35.79,0:16:38.100,Default,,0000,0000,0000,,then second quarter of 2013
Dialogue: 0,0:16:38.100,0:16:42.86,Default,,0000,0000,0000,,work you will observe actually if you\Nwork to
Dialogue: 0,0:16:42.86,0:16:46.36,Default,,0000,0000,0000,,look at all of these on rates
Dialogue: 0,0:16:46.36,0:16:51.13,Default,,0000,0000,0000,,he's got every city country except for\NGerman
Dialogue: 0,0:16:51.13,0:16:54.30,Default,,0000,0000,0000,,Casey their employment increase
Dialogue: 0,0:16:54.30,0:16:57.38,Default,,0000,0000,0000,,including of course you have that fire
Dialogue: 0,0:16:57.38,0:17:00.49,Default,,0000,0000,0000,,countries that time that lady cokie
Dialogue: 0,0:17:00.49,0:17:03.81,Default,,0000,0000,0000,,com Highland Greece Spain and so on
Dialogue: 0,0:17:03.81,0:17:07.23,Default,,0000,0000,0000,,but what is important in Arby's
Dialogue: 0,0:17:07.23,0:17:11.67,Default,,0000,0000,0000,,is that that countries such as Bulgaria\Non
Dialogue: 0,0:17:11.67,0:17:16.21,Default,,0000,0000,0000,,let me I'm that in Paris all their\Nfinances
Dialogue: 0,0:17:16.21,0:17:20.47,Default,,0000,0000,0000,,any there for their ability to pay that\Nthere had a didn't find that ticket
Dialogue: 0,0:17:20.47,0:17:21.57,Default,,0000,0000,0000,,services
Dialogue: 0,0:17:21.57,0:17:26.01,Default,,0000,0000,0000,,beef is not protected them prominent\Nblack and white because
Dialogue: 0,0:17:26.01,0:17:29.33,Default,,0000,0000,0000,,day reason you got any crime and wars
Dialogue: 0,0:17:29.33,0:17:34.34,Default,,0000,0000,0000,,that your head markets eugenia shaping\Nand demand globally
Dialogue: 0,0:17:34.34,0:17:40.26,Default,,0000,0000,0000,,global growth rate suppose time why\Nwould have a problem with the men
Dialogue: 0,0:17:40.26,0:17:44.48,Default,,0000,0000,0000,,and you get and unemployment ok 27\Npercent
Dialogue: 0,0:17:44.48,0:17:48.11,Default,,0000,0000,0000,,increase because a black up demand for\Nlabour
Dialogue: 0,0:17:48.11,0:17:51.25,Default,,0000,0000,0000,,there anything that is being offered is\Nand maybe
Dialogue: 0,0:17:51.25,0:17:54.52,Default,,0000,0000,0000,,so what do they do they didn't give\Nstipends
Dialogue: 0,0:17:54.52,0:17:58.02,Default,,0000,0000,0000,,all the equivalent in the grass will be\Ntwo hundred dollars
Dialogue: 0,0:17:58.02,0:18:01.03,Default,,0000,0000,0000,,and I'm for someone to go through a
Dialogue: 0,0:18:01.03,0:18:05.57,Default,,0000,0000,0000,,training school per month ago and there\Nare
Dialogue: 0,0:18:05.57,0:18:09.07,Default,,0000,0000,0000,,start these after studies that pixel\Nthat
Dialogue: 0,0:18:09.07,0:18:14.90,Default,,0000,0000,0000,,the and period be getting better at home\Nyou get employed by the progress
Dialogue: 0,0:18:14.90,0:18:20.38,Default,,0000,0000,0000,,once the program ends nothing doing\Nforward about
Dialogue: 0,0:18:20.38,0:18:24.71,Default,,0000,0000,0000,,unemployment I'm not sure what this is\Nokay
Dialogue: 0,0:18:24.71,0:18:28.42,Default,,0000,0000,0000,,one word about on youth unemployment
Dialogue: 0,0:18:28.42,0:18:31.84,Default,,0000,0000,0000,,and then I we pay the next three minutes
Dialogue: 0,0:18:31.84,0:18:35.67,Default,,0000,0000,0000,,food company what we're doing grace I am\Nbe careful
Dialogue: 0,0:18:35.67,0:18:39.11,Default,,0000,0000,0000,,and I it I'm addressing both my\Ncolleagues fearing their room and
Dialogue: 0,0:18:39.11,0:18:42.29,Default,,0000,0000,0000,,everybody else youth unemployment is\Nvery high
Dialogue: 0,0:18:42.29,0:18:46.84,Default,,0000,0000,0000,,are increase as was mentioned actually\Ntoday 6 percent
Dialogue: 0,0:18:46.84,0:18:50.46,Default,,0000,0000,0000,,so here you have to use any blanket get\Ncredit for
Dialogue: 0,0:18:50.46,0:18:53.74,Default,,0000,0000,0000,,you know I love this country is a red\Nline you can clearly see
Dialogue: 0,0:18:53.74,0:18:56.88,Default,,0000,0000,0000,,and climb in rates are much higher\Nbetter
Dialogue: 0,0:18:56.88,0:19:01.42,Default,,0000,0000,0000,,I think I'm for the race for the\Npopulation aged 55 to 64
Dialogue: 0,0:19:01.42,0:19:08.42,Default,,0000,0000,0000,,but see what happens if a look at the\NNational ratio
Dialogue: 0,0:19:08.79,0:19:12.00,Default,,0000,0000,0000,,ok this is an employment share
Dialogue: 0,0:19:12.00,0:19:16.74,Default,,0000,0000,0000,,by age saying Greece a hair today at one\Npoint one point
Dialogue: 0,0:19:16.74,0:19:20.43,Default,,0000,0000,0000,,3 1.3 mi n people and employed
Dialogue: 0,0:19:20.43,0:19:24.70,Default,,0000,0000,0000,,and what I'm asking here it is how many\Namong them I yearn
Dialogue: 0,0:19:24.70,0:19:29.13,Default,,0000,0000,0000,,what is this shared anything like\Nincrease is 170 thousand
Dialogue: 0,0:19:29.13,0:19:33.23,Default,,0000,0000,0000,,proper one going 3 medium people
Dialogue: 0,0:19:33.23,0:19:38.06,Default,,0000,0000,0000,,but rather than 73,000 that I down do\Nthey not face a problem
Dialogue: 0,0:19:38.06,0:19:42.89,Default,,0000,0000,0000,,absolutely yes but here is the hypocrisy\Nin the last year we had
Dialogue: 0,0:19:42.89,0:19:46.64,Default,,0000,0000,0000,,five meetings in europe for me there's
Dialogue: 0,0:19:46.64,0:19:50.17,Default,,0000,0000,0000,,to see how they would respond to an end\Nrun into you know they know they talked
Dialogue: 0,0:19:50.17,0:19:51.98,Default,,0000,0000,0000,,about most use any run
Dialogue: 0,0:19:51.98,0:19:55.44,Default,,0000,0000,0000,,and they came up with bit different\Nbudgets
Dialogue: 0,0:19:55.44,0:19:59.91,Default,,0000,0000,0000,,to support projects that but I was\Ntalking about but we had received
Dialogue: 0,0:19:59.91,0:20:02.70,Default,,0000,0000,0000,,resending plan for 100 and 70,000
Dialogue: 0,0:20:02.70,0:20:06.52,Default,,0000,0000,0000,,and they believe 1,000,000 people\Nwithout
Dialogue: 0,0:20:06.52,0:20:10.87,Default,,0000,0000,0000,,any response essentially so there is\Nanother kind of record
Dialogue: 0,0:20:10.87,0:20:14.28,Default,,0000,0000,0000,,there with you then line and that they\Nthink we have to be
Dialogue: 0,0:20:14.28,0:20:17.69,Default,,0000,0000,0000,,mine no okay so now
Dialogue: 0,0:20:17.69,0:20:22.37,Default,,0000,0000,0000,,I have two more very fast and can you
Dialogue: 0,0:20:22.37,0:20:26.56,Default,,0000,0000,0000,,I hope you will ask me some questions so\NI we
Dialogue: 0,0:20:26.56,0:20:29.95,Default,,0000,0000,0000,,whet your appetite about.com this
Dialogue: 0,0:20:29.95,0:20:34.14,Default,,0000,0000,0000,,that about what I want to talk you in\Nthe next day
Dialogue: 0,0:20:34.14,0:20:38.41,Default,,0000,0000,0000,,saying that this over there estimates\Nthat they had I
Dialogue: 0,0:20:38.41,0:20:42.21,Default,,0000,0000,0000,,okay out that you're going to see this\Nfamous
Dialogue: 0,0:20:42.21,0:20:45.92,Default,,0000,0000,0000,,for one person for many
Dialogue: 0,0:20:45.92,0:20:49.62,Default,,0000,0000,0000,,people that came have been Business\NCollege love them was called means
Dialogue: 0,0:20:49.62,0:20:55.45,Default,,0000,0000,0000,,payments he spoke about financial\Nfragility and that's where the means the
Dialogue: 0,0:20:55.45,0:20:56.05,Default,,0000,0000,0000,,moment
Dialogue: 0,0:20:56.05,0:20:59.29,Default,,0000,0000,0000,,comes from that you have on seen and\Nheard on
Dialogue: 0,0:20:59.29,0:21:02.98,Default,,0000,0000,0000,,but he also spoke about the employer of\Nlast resort
Dialogue: 0,0:21:02.98,0:21:06.58,Default,,0000,0000,0000,,policy which is this that is a sham\Npolicy
Dialogue: 0,0:21:06.58,0:21:10.68,Default,,0000,0000,0000,,got we heard about before getting my\Ntext advertiser
Dialogue: 0,0:21:10.68,0:21:14.87,Default,,0000,0000,0000,,it is called it doesn't guarantee an\NEmployment Guarantee
Dialogue: 0,0:21:14.87,0:21:15.33,Default,,0000,0000,0000,,and
Dialogue: 0,0:21:15.33,0:21:19.01,Default,,0000,0000,0000,,and I and they thankfully again to my\Ncolleague
Dialogue: 0,0:21:19.01,0:21:23.88,Default,,0000,0000,0000,,on professor baby it because he\Nexplained very much like the days
Dialogue: 0,0:21:23.88,0:21:27.74,Default,,0000,0000,0000,,what I want to do in the next one minute
Dialogue: 0,0:21:27.74,0:21:31.05,Default,,0000,0000,0000,,I guess the pet hair is to
Dialogue: 0,0:21:31.05,0:21:36.23,Default,,0000,0000,0000,,tell you that in 2010 the libyans the\Ncute spoke
Dialogue: 0,0:21:36.23,0:21:39.35,Default,,0000,0000,0000,,with look at Teddy who was the Minister
Dialogue: 0,0:21:39.35,0:21:43.64,Default,,0000,0000,0000,,of you remembered about all who was a\Nminister old labor at the time
Dialogue: 0,0:21:43.64,0:21:48.22,Default,,0000,0000,0000,,and they had not signed any agreements\Nanymore and that but we were in a
Dialogue: 0,0:21:48.22,0:21:48.84,Default,,0000,0000,0000,,recession
Dialogue: 0,0:21:48.84,0:21:53.11,Default,,0000,0000,0000,,so we spoke to look good together with\Nthe trade unions because you need these
Dialogue: 0,0:21:53.11,0:21:54.32,Default,,0000,0000,0000,,kinds of agreements
Dialogue: 0,0:21:54.32,0:22:00.22,Default,,0000,0000,0000,,an agreement was reached in 2010 before\Nthe signing of the memorandum that an
Dialogue: 0,0:22:00.22,0:22:02.30,Default,,0000,0000,0000,,Employment Guarantee programme was name
Dialogue: 0,0:22:02.30,0:22:06.70,Default,,0000,0000,0000,,and she said we don't have a lot of\Nmoney but what we have left over for the
Dialogue: 0,0:22:06.70,0:22:07.54,Default,,0000,0000,0000,,year
Dialogue: 0,0:22:07.54,0:22:11.05,Default,,0000,0000,0000,,we we start the program with 50,000\N55,000
Dialogue: 0,0:22:11.05,0:22:15.57,Default,,0000,0000,0000,,and they said and in terms of the design
Dialogue: 0,0:22:15.57,0:22:18.78,Default,,0000,0000,0000,,and how do you do that property all
Dialogue: 0,0:22:18.78,0:22:23.47,Default,,0000,0000,0000,,some of us including myself back at work\Nin South Africa and Mexico
Dialogue: 0,0:22:23.47,0:22:26.77,Default,,0000,0000,0000,,in India the problems that actually
Dialogue: 0,0:22:26.77,0:22:30.13,Default,,0000,0000,0000,,home way talked about earlier we\Nmentioned at least
Dialogue: 0,0:22:30.13,0:22:33.67,Default,,0000,0000,0000,,earlier and we headed to the XPS anyway\Nwe started this
Dialogue: 0,0:22:33.67,0:22:38.45,Default,,0000,0000,0000,,then what happens is austerity measures\Nand then bailouts coming
Dialogue: 0,0:22:38.45,0:22:43.31,Default,,0000,0000,0000,,they devastate the economy they didn't\Nstate of course labor market convey
Dialogue: 0,0:22:43.31,0:22:46.91,Default,,0000,0000,0000,,1b you with a fifty thousand here so
Dialogue: 0,0:22:46.91,0:22:50.19,Default,,0000,0000,0000,,we have said of course
Dialogue: 0,0:22:50.19,0:22:53.34,Default,,0000,0000,0000,,that one the estate because the stock
Dialogue: 0,0:22:53.34,0:22:56.66,Default,,0000,0000,0000,,secondly en masse see
Dialogue: 0,0:22:56.66,0:23:00.37,Default,,0000,0000,0000,,kind all eighty investment in the\Nconstruction plan
Dialogue: 0,0:23:00.37,0:23:04.47,Default,,0000,0000,0000,,as the setting increase otherwise we're\Nnot getting out of this situation
Dialogue: 0,0:23:04.47,0:23:07.12,Default,,0000,0000,0000,,your hair suicides
Dialogue: 0,0:23:07.12,0:23:10.63,Default,,0000,0000,0000,,you have homelessness to the phenomena\Nthat we never imagined we're going to
Dialogue: 0,0:23:10.63,0:23:11.07,Default,,0000,0000,0000,,see
Dialogue: 0,0:23:11.07,0:23:14.52,Default,,0000,0000,0000,,are no water no sanitation no heat
Dialogue: 0,0:23:14.52,0:23:17.63,Default,,0000,0000,0000,,Nikkei I am and
Dialogue: 0,0:23:17.63,0:23:23.49,Default,,0000,0000,0000,,they are now looking in 20 the\Nopportunity that may exist that we're
Dialogue: 0,0:23:23.49,0:23:25.17,Default,,0000,0000,0000,,going to change the government
Dialogue: 0,0:23:25.17,0:23:30.36,Default,,0000,0000,0000,,I'm sending that this Government will\Npoll because they keep insisting on the
Dialogue: 0,0:23:30.36,0:23:31.50,Default,,0000,0000,0000,,same policies and that
Dialogue: 0,0:23:31.50,0:23:35.49,Default,,0000,0000,0000,,a new more and like 10 a progressive\Ngovernment with
Dialogue: 0,0:23:35.49,0:23:39.91,Default,,0000,0000,0000,,arm it they call them work we have done
Dialogue: 0,0:23:39.91,0:23:43.20,Default,,0000,0000,0000,,here therefore as we are conversation we
Dialogue: 0,0:23:43.20,0:23:46.97,Default,,0000,0000,0000,,various om home
Dialogue: 0,0:23:46.97,0:23:51.34,Default,,0000,0000,0000,,constituencies in place is the week have\Ncreated
Dialogue: 0,0:23:51.34,0:23:55.67,Default,,0000,0000,0000,,a program for 250,000
Dialogue: 0,0:23:55.67,0:23:58.82,Default,,0000,0000,0000,,or 515
Dialogue: 0,0:23:58.82,0:24:02.67,Default,,0000,0000,0000,,thousand jobs we care course the big
Dialogue: 0,0:24:02.67,0:24:07.52,Default,,0000,0000,0000,,way sixty percent all the cost goes for\Nwages
Dialogue: 0,0:24:07.52,0:24:12.37,Default,,0000,0000,0000,,forty percent goes for any station and\Nmaterials because their projects that
Dialogue: 0,0:24:12.37,0:24:13.65,Default,,0000,0000,0000,,are waiting to be done
Dialogue: 0,0:24:13.65,0:24:16.72,Default,,0000,0000,0000,,along the lines that he heard already\Nbut
Dialogue: 0,0:24:16.72,0:24:20.20,Default,,0000,0000,0000,,including in the case of Greece and\Nvital mentor
Dialogue: 0,0:24:20.20,0:24:23.75,Default,,0000,0000,0000,,local environmental at work that these
Dialogue: 0,0:24:23.75,0:24:27.81,Default,,0000,0000,0000,,home waiting and work you have improved\Nreview
Dialogue: 0,0:24:27.81,0:24:31.58,Default,,0000,0000,0000,,is then macroeconomic implications
Dialogue: 0,0:24:31.58,0:24:35.43,Default,,0000,0000,0000,,upset program so let me just look at one\Nsec
Dialogue: 0,0:24:35.43,0:24:39.23,Default,,0000,0000,0000,,you could pay it wait till 586
Dialogue: 0,0:24:39.23,0:24:43.38,Default,,0000,0000,0000,,you toast per month and you cryin
Dialogue: 0,0:24:43.38,0:24:49.31,Default,,0000,0000,0000,,record meet new people 550,000 people\Nbecause the multiplier effects
Dialogue: 0,0:24:49.31,0:24:52.59,Default,,0000,0000,0000,,you we generate more jobs in the economy\Nso they
Dialogue: 0,0:24:52.59,0:24:55.67,Default,,0000,0000,0000,,got their number of jobs that the one\Ncandidate got pleeease
Dialogue: 0,0:24:55.67,0:24:57.55,Default,,0000,0000,0000,,700,000
Dialogue: 0,0:24:57.55,0:25:02.26,Default,,0000,0000,0000,,good thing he course and not unit 67
Dialogue: 0,0:25:02.26,0:25:05.52,Default,,0000,0000,0000,,billion mind you $7 billion-a-year
Dialogue: 0,0:25:05.52,0:25:09.19,Default,,0000,0000,0000,,is work with a right now for he Curtis
Dialogue: 0,0:25:09.19,0:25:12.55,Default,,0000,0000,0000,,payments army do that day
Dialogue: 0,0:25:12.55,0:25:16.12,Default,,0000,0000,0000,,that belongs to 35 this other countries
Dialogue: 0,0:25:16.12,0:25:19.35,Default,,0000,0000,0000,,essentially Sabrina moratorium or just\Nthree
Dialogue: 0,0:25:19.35,0:25:22.73,Default,,0000,0000,0000,,yes we don't make payments would just\Ntwo years
Dialogue: 0,0:25:22.73,0:25:26.02,Default,,0000,0000,0000,,and we during the summer but money to a
Dialogue: 0,0:25:26.02,0:25:29.44,Default,,0000,0000,0000,,job-creation program we could solve so
Dialogue: 0,0:25:29.44,0:25:32.61,Default,,0000,0000,0000,,many many problems in Greece so
Dialogue: 0,0:25:32.61,0:25:36.02,Default,,0000,0000,0000,,who things out own or because he's
Dialogue: 0,0:25:36.02,0:25:39.56,Default,,0000,0000,0000,,7.1 BDN corners you know
Dialogue: 0,0:25:39.56,0:25:43.13,Default,,0000,0000,0000,,art day practically everything that we\Ndid a
Dialogue: 0,0:25:43.13,0:25:46.30,Default,,0000,0000,0000,,you end up with the course ok CBN
Dialogue: 0,0:25:46.30,0:25:52.15,Default,,0000,0000,0000,,bandwidth CDN year you can support full\Ntime jobs
Dialogue: 0,0:25:52.15,0:25:55.54,Default,,0000,0000,0000,,for 700,000 many you've got handgun
Dialogue: 0,0:25:55.54,0:25:58.71,Default,,0000,0000,0000,,impact these therefore becomes
Dialogue: 0,0:25:58.71,0:26:02.05,Default,,0000,0000,0000,,and ASAP they any good
Dialogue: 0,0:26:02.05,0:26:06.02,Default,,0000,0000,0000,,you i'm talking about. is and Employment\NGuarantee programme
Dialogue: 0,0:26:06.02,0:26:09.100,Default,,0000,0000,0000,,serving precisely their goal
Dialogue: 0,0:26:09.100,0:26:13.84,Default,,0000,0000,0000,,all this had been a great importance in\Nexpansionary fiscal policy
Dialogue: 0,0:26:13.84,0:26:18.08,Default,,0000,0000,0000,,for me instead of investing container\Nand waking
Dialogue: 0,0:26:18.08,0:26:21.87,Default,,0000,0000,0000,,aren't here the jobs get created you go\Nthe other way round
Dialogue: 0,0:26:21.87,0:26:25.38,Default,,0000,0000,0000,,you target you're spending your public\Nspending
Dialogue: 0,0:26:25.38,0:26:29.86,Default,,0000,0000,0000,,directly on job creation the last say\Nthat I'm not gonna go through
Dialogue: 0,0:26:29.86,0:26:33.10,Default,,0000,0000,0000,,because I just did everybody stations by\Nnow I
Dialogue: 0,0:26:33.10,0:26:37.74,Default,,0000,0000,0000,,describes for the case increase where\Nwould the money come from which is
Dialogue: 0,0:26:37.74,0:26:38.49,Default,,0000,0000,0000,,always a question
Dialogue: 0,0:26:38.49,0:26:41.69,Default,,0000,0000,0000,,where will the money come from we can\Nfind the money actually
Dialogue: 0,0:26:41.69,0:26:45.81,Default,,0000,0000,0000,,week don't having to have not gone get\Nthe political will
Dialogue: 0,0:26:45.81,0:26:49.40,Default,,0000,0000,0000,,and back to school for peace for the\NUnited States
Dialogue: 0,0:26:49.40,0:26:52.78,Default,,0000,0000,0000,,and they cool beans that eventually we\Nwill
Dialogue: 0,0:26:52.78,0:26:56.10,Default,,0000,0000,0000,,be able to be open and international
Dialogue: 0,0:26:56.10,0:27:02.48,Default,,0000,0000,0000,,I'm that Khamis to changing in fact\Nconstitutional rights
Dialogue: 0,0:27:02.48,0:27:05.86,Default,,0000,0000,0000,,the way they did in India because that's\Nwhat they didn't get
Dialogue: 0,0:27:05.86,0:27:10.88,Default,,0000,0000,0000,,they amended the constitution and the\Nright to work movement that took 10
Dialogue: 0,0:27:10.88,0:27:11.46,Default,,0000,0000,0000,,years
Dialogue: 0,0:27:11.46,0:27:14.81,Default,,0000,0000,0000,,to take root by now guarantees
Dialogue: 0,0:27:14.81,0:27:19.26,Default,,0000,0000,0000,,employment not sweet I'm not whatever\Nbut for front-month
Dialogue: 0,0:27:19.26,0:27:24.18,Default,,0000,0000,0000,,every year in router areas braid your\Nhair seasonal and fun
Dialogue: 0,0:27:24.18,0:27:28.03,Default,,0000,0000,0000,,and now your hand more art than
Dialogue: 0,0:27:28.03,0:27:32.44,Default,,0000,0000,0000,,one-third all the population\Nparticipating year after year
Dialogue: 0,0:27:32.44,0:27:36.31,Default,,0000,0000,0000,,if you get can do it please do not come\Nto the united states cannot
Dialogue: 0,0:27:36.31,0:27:37.91,Default,,0000,0000,0000,,thank you you