"Look, the, the - this country has not lived within its means for a very long time, and, and the truth is we're going to have to take our medicine"

In this quote, Alexi Giannoulias is acknowledging that the nation has been living beyond its monetary capabilities for a substantial amount of time. He utilizes repetition of "the" and "and" to highlight the seriousness of the scenario. He then states that the nation will need to face the effects of its actions, which he refers to as "taking our medication." This could indicate that there will be tough and undesirable procedures that need to be taken in order to remedy the monetary circumstance. In general, Giannoulias is highlighting the requirement for the nation to resolve its financial problems and make needed modifications in order to live within its means.