"Anybody who is going to start cutting in that position is basically going to push us in that death spiral. That's what we've avoided until this date.
We need to stimulating growth, not withdrawing multiple billions out of the system."
"This is a scary day for the unemployed."UPDATE
(I have just spotted that the video subtitle mistakenly calls him Danny Blanchflower. Those of us of a certain age will know that Danny wasn't an economist.)
Oops. It's his nickname. See comments by John.