Martin Bashir | March 08, 2013
>> with us is msnbc political analyst karen finney and political analyst michael eric dyson . they are all telling us higher taxes would result in massive job losses, higher inflation, and the collapse of industrial jute put. this week the stock market has broken records virtually every day and now we have a much larger than expected jobs report and clear signs of recovery within the housing market . what happened or is paul ryan as badly mistaken as we suggested he was three months ago?
>> yes, he was, although i do love the fact that apparently from what we know at this point in his budget next week, he's perfectly happy to take credit or account for all of the hard work that president obama had to do in terms of raising tacks on the wealthiest as part of the january 1 deal. so he's happy to take credit for that but he can still keep saying how it's not a good idea. that's kind of my favorite part of this fuzzy math . you know, i think if anything what we've seen in the stock market though also sort of proves part of the point, which is trickle down economics doesn't work. companies are doing very well because they're still doing more with less. american workers are working harder than ever, but companies are not necessarily taking that profit and reinvesting in their workforce and in their companies. that's part of the problem. it is not trickling down.
>> right. professor dyson, as an educator, i'm sure that you'll be interested to learn that since 2009 , the public school education sector in this country has lost 340,700 jobs. we know this gives republicans like paul ryan pair rocksisms of pleasure and i guess there will be nor job losses in his budget next week, but is this really the best way to prepare for the future of this nation after the recession we've been through?
>> absolutely not. the reality is that america is lagging behind in education, not only in terms of technical deficiencies so we have to boost up our stim, science, technology, engineering, and math, but we also have to broaden our conception of what diversity is within education and reach out to every segment of america to make sure our children are being educated. when we have states like mississippi and arkansas and the like which are at the lower end of the totem pole because they're being defunded and when we have great gulfs between suburban schools and you're ban schools, we know that we are reinforcing a two-tiered system here and with the extraordinary resegregation of american education or black and brown students, we know they're being locked out as well. this does not bode well for the country. the country has a vested interest in extremely expanding diversity but also addressing the disparities in funding that need to come forth and paul ryan 's austerity budget really isn't going to help.
>> karen , speaking of education. we know that republicans have problems with science when it comes to climate change.
>> but does this not prove that they also have problems with empirical evidence when it comes to the economy because they tell us that the only way to go -- to get out of our recession is to cut spending. just as europe has done, but europe is still in recession.
>> right. and don't you love the fact that they've been saying all along that barack obama is trying to turn us into europe and we don't want to be like europe and yet they're the ones advocating for policies that would mirror the failure of what we've seen in austerity policies in europe . so we know that's not going to work. remember, this republican party has a little bit of trouble with math. it's not just science and it's not just evidence. remember the last time when we really got into the details, for example, of paul ryan 's budget, we found that it didn't do all of the things that it said it would do and that it actually would add to the deficit in some areas. so i think we're going to have to take a very critical look yet again at what they propose because just because they tell us it's true does not make it so and we have empirical evidence on that.
>> we're looking forward to it. professor dyson, can you imagine, sir, how well the economy might be doing if we hadn't had the self-inflicted debt ceiling crisis, if we hadn't had the self-inflicted fiscal cliff crisis, and if we hadn't had the self-inflicted sequester crisis? can you imagine that?
>> it would be extraordinary. because what that would mean is that the american public would benefit from our politicians in a very substantive fashion. you use the word empirical. we know what it means, it means that would i falsified or va fied through the census. we have enough sense to understand what is at stake. what is at stake is either the republicans safeguard their narrow ideological barn so they can continue to stack up hay with their own followers or they let the horses out the barn and let everybody feed freely. sorry for that analogy. the point is this, that america is being cooped up in a very narrow way by the very vicious ideology of the far right wing and the broad pastures of america need to be grazed in by those who have benefited, by those who should benefit from it. we have worked very hard here. all the crises to which you point suggest that america would be doing so much better, the jobs report today unexpectedly great. if we had fiscal policy that could match the kind of integrity our politicians should have, we would have not necessarily a boom, we would have a better economy on a more stable basis that would be more widely distributed among american citizens.
>> indeed, karen finney and professor michael eric dyson . professor, i wish you good luck for the big game tomorrow against sara cues. i'm sure if you're in the locker room, your team cannot win.
>> i have three of the players in my classes. they've got to win.