PLEDGE NOW
Britain's Cuts: Daring or Daft?

Britain announced an austerity package that has stunned even the most hard-nosed American deficit hawks. We look at U.K. cutbacks.

Britain's Prime Minister David Cameron talking about defense budget cuts in Northwood near London, Oct. 19, 2010. (AP)

Americans talk about spending and deficits. Britons are taking a battle axe to theirs.

Giant cuts in British government spending on nearly everything – schools, police, the military, the Queen. A wholesale shakeout of the ranks of public employees.

A true, deep, painful austerity plan to get away from debt. It’s being called revolutionary. And it’s a gamble. If it doesn’t work, Britain’s price could be steep. The whole world, America included, is watching.

We look at Britain’s new austerity, and America’s way forward on debt.

- Tom Ashbrook

Guests:

Alex Barker, economics correspondent for the Financial Times.

Lord Robert Skidelsky, emeritus professor of political economy at the University of Warwick, director of the Moscow School of Political Studies, and a trustee of the Manhattan Institute. He is active in the British House of Lords. He is the preeminent biographer of John Maynard Keynes, having published a three-volume work, now condensed into a single volume: “John Maynard Keynes, 1883 to 1946: Economist, Philosopher, Statesman.” His latest book is “Keynes: The Return of the Master.”

Tim Besley, professor of economics and political science at the London School of Economics. From September 2006 to August 2009, he served as an external member of the Bank of England Monetary Policy Committee.

Peter Beinart, senior political writer for The Daily Beast and associate professor of journalism and political science at City University of New York. He’s also a senior fellow at the New America Foundation. His new book is “The Icarus Syndrome: A History of American Hubris.”

Robert Bixby, executive director of The Concord Coalition, a nonpartisan organization focused on fiscal responsibility.

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Sep 2, 2015
Democratic presidential candidate, former Maryland Gov. Martin O'Malley addresses the summer meeting of the Democratic National Committee, Friday, Aug. 28, 2015, in Minneapolis. (Jim Mone/AP)

We talk to Martin O’Malley, former Maryland governor and now Democratic candidate for the presidency. He’s been tough on Trump – and on his fellow Democrats.

Sep 2, 2015
Actor Wagner Moura as Pablo Escobar, in the Netflix Original Series "Narcos." (Daniel Daza/Netflix via AP)

A new Netflix series “Narcos” takes on the story of the rise of the “King of Cocaine” — Pablo Escobar. We’ll look at drug trafficking then and now.

RECENT
SHOWS
Sep 1, 2015
Oliver Sacks (Elena Seibert)

Oliver Sacks, celebrated neurologist and best-selling author, has died at 82. We’ll listen back to our remarkable 2013 interview with Oliver Sacks on life and aging.

 
Sep 1, 2015
Denali is seen from a window on Air Force One during descent into Anchorage, Alaska on Aug. 31, 2015. (Pete Souza/White House)

The scramble for the Arctic. President Obama’s in Alaska. We’ll look at the stakes.

On Point Blog
On Point Blog
Our Week In The Web: August 28, 2015
Friday, Aug 28, 2015

You say #hashtag, we say, #forwhat? That, plus Usain Bolt and the ominous lurking Segway cameraman. Friday!

More »
Comment
 
Our Week In The Web: August 21, 2015
Friday, Aug 21, 2015

Do you even click? (And other reflections on link sharing and web commenting).

More »
6 Comments
 
Do You Recognize Amazon’s Workplace Culture? Tell Us!
Tuesday, Aug 18, 2015

Do you recognize the workplace conditions described in a recent New York Times piece on Amazon? We want to hear from you!

More »
5 Comments