Chris Giles

speaker

229 appearances 10 recordings 1 series first heard Apr 2011 last heard Jan 2015

Chris Giles’s voice in public audio — every appearance, attributed to the second.

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More or Less · Austerity, border queues and bank holidays (R4) · 4 May 2012 podcast

And so we wouldn't necessarily expect these economies to be growing quickly in a normal time. matched

If you saw that, you would say, well, these economies have got some big problems and they shouldn't be able to grow very fast. matched

And that would be the explanation between the differences. matched

When you then look into the medium term, the US is still going to have a large deficit, which at some point they'll need to rectify. matched

And as we look forward, the eurozone gets back to balance and it aims to be roughly at balance by about 2012, by this year. matched

Whereas the US is going to still have a deficit of 4% of the size of its economy this year. matched

in 2012, but gets quite close to balance by 2014. matched

So they have their big austerity drive in 2013 and 2014, while the eurozone's already going through it. matched

And so it might just be, we don't really know, that we're just seeing the difference in growth rates happening at different times. matched

That is untrue. matched

We have accurate... matched

The editor is Richard Fainer. matched

More or less is made in association with the Open University. matched

More or Less · Youth Unemployment · 8 Apr 2011 podcast

He would have less money to spend now he's unemployed. matched

And that money, he probably wouldn't be going to buy his biscuits from the factory in Chigley. matched

And so the factory in Chigley would have less revenue. matched

And then because they've got less revenue, they probably want to make fewer biscuits, and that would mean that maybe the wheat farmers in Trumptonshire might have less demand, and so on. matched

Exactly. matched

And this process can continue, and so it can go round and round in circles. matched

So your original decision to fire the firemen damages the biscuit factory, damages the farmers, which then perhaps even means you have even less tax revenue, matched

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