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tv   The Dylan Ratigan Show  MSNBC  February 1, 2012 1:00pm-2:00pm PST

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brilliant, esteemed united kingdom based educational apparatus and the associated assenting attire you can deliver it with -- >> a public school education by the way. >> whatever. in our fantasies martin we like to think of you as a brilliant, in an ivory tower studying as a young boy the ways of the world such as you could then heal from us what ails us in these trying times. >> the point though is you've made the point in your book "greedy bastards" dylan that these people and now with citizens united, this isn't about a candidate. this is about cash. that's it. look at florida. >> we all know the show has to begin relatively soon but with that said i'd love to see the london olympics with no restrictions on drugs. >> welcome it. citizens united ruling. >> it's on. call your dealers. thank you, martin. show starts now.
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good wednesday afternoon to you. delighted to be seeing you this afternoon again. i am dylan ratigan. back on the wrood our 30 million jobs tour. today we have taken the tour and we will for the next three days literally to the belly of the beast. washington, d.c., make no mistake. this is america's biggest boom town -- unemployment, income, you name it. it's on. this is where the greedy bastards are buying and selling american laws that further their own self-preservation and further misalign their interests with our own. remember there is no place in america that determines the path of investment, our tax code, or our trade policy. the way this town does and it is for sale and it is being used against us. there are plenty of jobs here. just not the kind you want.
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become a fundraiser lobbyist and i'll make you a rich man. this will be the location for the next three days while further west the republican presidential candidates are rolling out their dice in nevada the site of our nation's next primary contest. >> i obviously want to do really well in florida and get the support of people in florida and be able to take that to the next state and the next state. >> it is now clear that this will be a two-person race between the conservative leader newt gingrich and the massachusetts moderate. we are going to contest every place and we are going to win and we will be in tampa as the nominee in august. >> we can do better than the discussion and the dialogue and the accusations that were going on in the state of florida and really this campaign. >> the interesting thing that none of us are hearing from any of these presidential candidates is a debate about the true solutions that will generate the
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necessary 30 million jobs that we need right now in america in order not only to solve our problems but to resurrect our economy and preserve our own national security. the nevada caucuses are on saturday. and as we all know nevada has the worst in the nation foreclosure rate as well as the worst in the nation unemployment rate. think about florida on steroids in the worst possible way. meanwhile, nationwide, the congressional budget office is out with its new prediction that unemployment will surge. yes rise to 8.9% by their measure at year's end. 9.2% our own government is forecasting for 13. they are forecasting an increase in unemployment using an out dated gauge that doesn't actually measure the number of unemployed people. remember, true unemployment in this country is closer to 18%, which is why the entire premise of this year's campaign is 30 million jobs because that is the
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actual number of jobs that we must create on a systematic level, cradles of innovation, pillars of industry, and actual solution seeking to create investment in our country. if we cannot get our elected leaders to start talking about real solutions to our jobs crisis then we will never ultimately solve that problem. we start with our go-to guy for post primary wrapup. msnbc political analyst and bloomberg columnist jonathan altar. you know where i'm coming from, jonathan. how do you reconcile the efforts of not only myself but people like myself and that are in this expanding tent with the nature of the current debate? >> it's just pathetic. before lunch today i ran into a former republican governor from a major state. he was bemoaning the fact that in these debates they haven't even talked about jobs. it's crazy. they talk about everything under the sun -- saul olinsky, abortion, all kinds of other issues. not jobs. why?
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because the republicans don't have any real plans for jobs. gingrich wants to eliminate the capital gains tax all together. so even mitt romney would pay no taxes. that's his jobs plan. and mitt romney's jobs plan is to reduce the corporate tax from 35% to 25% and cut regulations. the boogie man. regulations as if doing that will create a significant number of jobs. it's not. none of those things according to almost every economist will do anything significant to create jobs. they don't want to talk about it because they know this. they know that the solutions they're proposing won't actually create many jobs. >> here is the interesting thing. we'll set aside newt gingrich for ten reasons. mitt romney presents an interesting case as a candidate through my view. and i agree with the assessment you just offered but i would add to it two interesting things that are provocative that have come out of his mouth in this debate. one, he is the only presidential candidate who has come out point
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blank and said the banks are lying. they're afraid. they don't want to own up to the accounting issue. they have to write down the debt. we have to restructure banks. president bush didn't say that. president obama hasn't said that. none of the other candidates have said that. that is to me at least intriguing. mitt romney has also brought up the issue of the rigged trade with china. i don't know whether it's campaign fodder. i'm not experienced enough with this to be able to feel like i can differentiate between red herrings and not but i'd be interested in your view on romney's use of trade rhetoric which i've seen superficially to be rational and attractive. we need to deal with china. chuck schumer the democrats talk about him as well and then also the bank rhetoric. and am i seeing an illusion in the water because of what i want or is that the real thing? >> you know, he said he would declare china a currency manipulator on day one of his presidency. i was in china in november and i asked a number of chinese officials how they reacted to that. and they were very blase' about it. they basically said, look. if you go back and look at the
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last several presidential elections, just before election time, all these presidential candidates, democrats and republicans, like to sound tough on china and threaten to do all kinds of things. you heard president obama talking about it in his state of the union. and they never follow through when they actually get into office because the advantages of the bilateral relationship outweigh having -- >> they're getting paid too much. the short-term benefits of the low cost credit, low-cost input, they can't get off the heroin so can't solve the problem. >> they don't want to have a trade war which will hurt everybody. >> you can resolve things without a trade war. >> well -- >> it's been done. ronald reagan did it with japan. >> it can be done. they need to take stronger steps. you heard obama talking about that. but the idea of just sort of declaring them a currency manipulator as if that is going to do anything. >> understood.
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but again the broader -- so this brings us to the $700 trillion question or whatever you want to define it. there is a frustration that many of us have with the current president for his failure to renovate bank, tax, and trade policy to drive to a culture of investment to create jobs. there is a hope in a two-party political system his opponent will then push those issues in a way that steers the president in the aggregate political direction of the wind blowing in the country. >> right. >> we are not seeing that happen because the republican party is not holding up their end of the bargain for all the reasons you just described. i tie it all back to the special interest money. many of us do. what can be done to force the sitting president if the republican candidates won't do it to address trade, tax, and banking issues when it comes to investment in america if it's not going to be driven through the political opponent? >> well, i think there is one way in which it can be driven through the republican party and you're seeing increasing talk of this. and that is for fundamental tax reform.
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it was interesting that mitch daniels in his response to the state of the union talked about getting rid of a loft tt of deductions and having a flatter tax system without all these loop holes and deductions. i think the president made a mistake by not stepping up more to that idea of basic tax reform, radical tax simplification which the american people would favor. i think by limiting the complexity. you would see job growth coming out of those lower, flatter rates over time. now, there's a chance that this will happen at the end of the year because the president has a very big club. if he does nothing, remember, the bush tax cuts expire. so that means that in the lame duck session he is going to have some real leverage for tax reform if he wants to do it. so what i think we all need to do and the republicans and, you know, people in the middle, everybody has to say, let's get basic, fundamental tax reform on the agenda for the end of this
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year or next year. nothing is going to happen before the election. >> i could not agree with that more. i think it is totally spot on. walk in with the knowledge that taxes do determine the flow of capital in many ways. >> right. >> we don't know the answers but we know if we don't have a conversation about at least moving toward a fairer structure forget whatever your views are. i could not agree more. i am hopeful that will happen. a lot riding on people like senator tom coburn and his effort to discorrupt grover norquist's authority to open up the space to do this which i think is also possible this year. so, jonathan, thank you so much for your time. talk to you next time. >> thanks, dylan. coming up on our special, 30 million jobs tour, live from washington, d.c., you know when slow and steady doesn't win the race. when it comes to creating jobs in america as a matter of our prosperity not to mention national security. we're talking about how to rev the jobs engine with a culture of investment in megapanel plusa
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new bill introduced on the hill today that aims to pull back the curtain on how many american businesses are adding how many actual jobs in america. and forget the blame game and for the political promises. our special hafts simple explanation of where the jobs went and how to get them back. we are in our nation's capital, the belly of the beast, trying to spark the debate america truly deserves on jobs for 2012. do stay with us. ♪ he was a 21st century global nomad ♪ ♪ home was an airport lounge and an ipad ♪ ♪ made sure his credit score did not go bad ♪ ♪ with a free-credit-score-dot-com ♪ ♪ app that he had ♪ downloaded it in the himalayas ♪ ♪ while meditating like a true playa ♪ ♪ now when he's surfing down in chile'a ♪ ♪ he can see when his score is in danger ♪ ♪ if you're a mobile type on the go ♪ ♪ i suggest you take a tip from my bro ♪ ♪ and download the app that lets you know ♪ ♪ at free-credit-score-dot-com now let's go. ♪
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we're back on a 30 million jobs tour week three. we have come to the belly of the beast here and we have some new numbers today on job creation or more importantly the lack thereof. remember investment is destiny if you are not investing you are not creating jobs. according to this month's adp report the private sector created a paltry 170,000 jobs last month. remember, any job is a welcome job. but january job creation right now on track to be at half the pace that we have needed to get out of the hole for years. we have yet to come close to that 300,000 plus job monthly pace. you couple that with today's news with the underwhelming new numbers from the cbo and it is no wonder so many americans are so disenfranchised and so irate about the lack of a jobs debate in this presidential election that revolves around the necessity for investment and changes in our tax policy, trade policies, and bank policies to make it happen. look no further. martin mentioned it. 4 in 10 republican voters wish
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that another candidate was running for president in their primary and that is why we have hit the road to bring back 30 million jobs or at least to force the debate america deserves on how we're going to get there to define that as the necessary agenda for this country. i bring in our wednesday megapanel. imogene webber, jonathan capehart, and rob cox. alter was offering a somewhat optimistic narrative through the morass of the food fight this election is with the point toward the tax code. i do know that senator tom coburn is coming out with a big book this spring in april where he is going to go after the tax code. how much of an influence and how much how would you gauge the influence of tax policy on investment policy and job creation? >> the problem with all of this is though that we know there are changes coming to the tax code. that actually creates uncertainty. a lot of talk about changing those things actually will stop people from making investments. if you don't think you'll be
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able to write off, i don't know, the depreciation of some sort of plan or factory now or six months from now you won't do it. i would say it's great we're doing that but we've got to get very real about this and come down with concrete solutions. the president, there is nothing stopping him from actually making these, putting it forward and at least then a blueprint that people can coalesce around when we get closer to being able to do something post november. >> jonathan, what is your sense of the temperature on the debate that we're attempting to spark here when you look at the factions from the tea party to the occupation, all sorts of the -- and the progressives 4 in 10 republicans in the primary. people are crying out for a real debate on the necessary reforms to create jobs in this country. >> right. they're crying out for a real debate but they're crying out for a debate but also solutions. as jonathan alter said in the last segment, we all know nothing is going to happen until after we get through the november election. so it would be terrific if
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president obama put forth a blueprint of where he would like to see, how he would like to see the tax code reformed in a way that would spark innovation and get people back to work by allowing companies to do major investments. but we all know that nothing is going to happen until we get through the presidential election and we can have this debate but it is really not going to coalesce until there is an actual republican nominee that the president can debate on this very issue. >> but isn't that kind of backwards? in other words, isn't the reason you have a democracy and a public debate system for the issues that are the most proportionately important in this case not just by my view but by a huge percentage of americans' view, the functionality of our investment markets and more importantly the job creation that results from that? shouldn't that be the center piece of why you have a democratic election and public debate? >> well, you would think so.
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at the same time i'm drawing parallels at the moment with the upcoming presidential election to the general election we had in may, two years ago, in the united kingdom. and there were some very difficult problems that britain was facing. every single political party didn't really talk about them because none of them were vote winners. fundamentally the next president of the united states is going to have to deal with entitlement reform, tax reform, and is going to have this huge problem with unemployment as we saw from the report yesterday from the cbo. so fundamentally there are going to be skirting around the issues. we won't see anything done and any discussion on the blueprint until early next year. >> it would seem like it's a great task for the media and american people to try to accelerate that timetable especially when you look at the current trend and structure. let's move to reality which is how money and power is being exchanged right now on the national political apparatus is through secretly funded, nontransparent, unregulated financial vehicles that are used to freely spend to either destroy the reputation of or
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enhance the reputation of a giving candidate. we do get transparency after the fact, meaning that last year's spending we get now but if you're wondering whose money was behind romney in florida you have to wait a while. when you look at the filings across the board a bunch of different things stand out but the common theme obviously is a relatively small number of wealthy people putting together a lot of money in secret for their candidate. that seems to be the most instructive thing here. we can go through these in these individuals, it's just an individual. if it was one of their fault this would be easy to fix. >> right. this is sort of putting in high relief something you had been talking about for at least the last four years, which is the pernicious effect of money. but now, you know, thanks to citizens united and as we've seen in, you know, the republican primary campaign in florida, when people are allowed to write unlimited amounts of
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money to a campaign to further -- >> in secret. >> right. and also compounding the problem in secret -- you then begin to see just not only vast amounts of money having an impact on our democracy but just how small the number of people there are who have such a disproportionate impact on our democracy. >> and at the end of the day, rob cox, we'll keep flipping through the people writing checks so far, it seems to be an insanity to think we're not going to get at the very least super pac transparency legislation this year. forget the constitutional amendment. forget the regulations. forget yeah i'll give you rules all day. we can fight about it. we need a transparency bill for super pacs today. i feel like i want to walk out of the building right now and walk over there. are you people trunk? what are you doing right now? do you see this, pass this. what would be the barrier to having something so simple as that happen, rob? >> yeah. it's great.
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why don't you wait until the show is over before you walk over to the capitol there and do that. >> all right. >> you should. but there is a glass half full way to look at this. the more we talk about it the more people realize that money is influencing the votes and the voters and the advertisements they see are paid for by special interests the more they know that a billionaire casino operator is behind newt gingrich the more these guys, these rich people realize the roi which is the return on investment is going to be extremely low because people just aren't going to buy it. i have to hope and pray the american people are smart enough to know that when sheldon addleson throw all this money or goldman sachs behind romney, they say we're used to a return on our investment and this isn't working. a lot of that is you make it transparent because people rail about it and talk about it and actually discuss the fact that they're being influenced by special interests. >> that's really the merits and
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the reason why somebody like me has not been beaten and held in a foreign prison is because you're allowed to talk about this in america and they don't do that to you. but if you -- the final sort of threshold imogene is with the reduction of choice. so as we have the transparency we know romney's goldman, we know newt is shelly addleson. we'll know where obama's money is coming from. it'll likely be a lot of wall street money anyway. we'll know that but because our choices are still being restricted, so all of our choices are bought candidates whether the bought democrat the bought republican or the bought other republican, that is where you start to get the real behavioral economic reaction and it's the gerrymandering in the districts that makes it much easier for them to obey the money because they've selected for their own voters and as a result they don't have to fear those voters. i wonder whether we're going to be able to push through not just the money in politics but the necessary electoral reform in
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order to resolve this because i'd like to be as optimistic as rob cox is which is discussing it is the first step to solving it. >> and discussing it is so important. there are of course parallels with america at the moment and britain a hundred years ago just before we lost the empire. and it was too cozy a relationship between the financial and political elites. that's the situation in america at the moment but there is a key difference. we are talking about it. we did have obama in the state of the union talking about the corrosive influence of money in politics. we've got you as well, dylan, we've got the super pacs and so forth. i really think there is hope and i am with rob cox on this one. >> listen, here we go. thank you so much, guys. imogene, jonathan, rob, i'll be walking after the show. i don't know if they'll let me in the building. as we look at 2012 our week-long collaboration with the huffington post and republic continues today. health care on the front page
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and how drug companies game washington to rig the market structure. paul blumenthal reporting. his piece at the top of the huffington post political page this afternoon and featured coverage today as well at dylan ratigan.com. of course to get the 30 million jobs we need to secure our country we first got to understand where millions of them went. next a no frills no spin guide to the jobs crisis and what we can do about it starting today. my mother froze everything. i was 18 years old before i had my first fresh bun. the invention that i came up with is the hot dog ez bun steamer. steam is the key to a great hot dog. i knew it was going to be a success. the invention was so simple that i knew i needed to protect it. my name is chris schutte
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skills and education for american workers so that we can compete with anybody around the world in this 21st century economy. >> we will build an america
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where hope is a new job with a paycheck not a faded word on an old bumper sticker. >> unfortunately a precursor to what any politician tells you is a culture and system of investment in your country whatever the country may be and that is determined by your bank, trade, and tax policies. with the 2012 election in full swing the president and the gop candidates like to talk an awful lot about jobs and the economy although i'm not sure how much they like it. but once you ditch the spin and skip the applause lines, the truth is we are getting very little straight talk, let alone actual action as to where the jobs went and what policies on taxes, trade, and banking are proven to create high quality investment and jobs in america. joining us now with what she calls a nonpartisan guided tour to america's jobs crisis our specialist jean johnson senior fellow at public agenda a nonprofit and she is coauthor of where did the jobs go and how do
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we get them back? we know that money has been leaving our country for many decades and investing in the development overseas and creating jobs particularly in china. but walk us through, if you can create some proportionality as to which variables are hurting us the most. >> we're facing i think a massive problem and one of the things that concerns me about the electioneering is it makes the problem look simple. we lost more than 8 million jobs in the recession. we need 100,000 jobs a month just to keep up with population growth and people coming into the work force. we don't know that the baby boomers are going to retire on time and we have this phenomena, really historic shift in the work place where technology is replacing human beings but technology is also allowing jobs that were once done here to be done elsewhere. one of the examples we use in the book is from the national academy's american accounting firms when they're getting crunch time and march and april
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doing tax returns use accountants in costa rica because while you need the forms and you need the information, you need the numbers, you need to be smart, you do not need to be in the united states to fill out an american tax form. so this is a major challenge that we're really going to have to rethink everything from investment to education to infrastructure up and down the line. >> that's why people talk about a martial plan. you talk to the ceo of dow chemical and he says you need a cohesive martial plan that addresses much of what you're discussing and then creates a culture of investment using the available lefrs. go ahead, rob. >> the big question i have is whether or not we have a huge chunk of our work force which is actually obsolete so in other words a loft the things we've trained people to do aren't necessarily the value added skills of tomorrow and when i think about, you know, a lot of the construction jobs that have lost, i think they're lost permanently. the question then becomes, and you talk about this too, about investment, i mean, to what extent is investment in education and training critical to getting if not this crew of
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people who might be out of work but the next generation to be at a point where they're actually producing jobs that are valuable and aren't going to be exported? >> you know, i think we need to look at the education system from the top to the bottom. because there are trouble -- there is trouble all across the line. you know, even when you think about our best engineering science departments, one of the issues we face is people may have great ideas but they are technical people and they don't necessarily have the business savvy. they don't have the knowledge about entrepreneurship. they don't know how to take their idea and make it into a commercial product that's really going to start a good company and provide jobs. we rely on the community college system to train mid level workers and for people to have access and, you know, there is a lot of evidence that the training in the community colleges is not really providing the skills the employers need. the national association of manufacturers got so frustrated that they've created their own
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course for manufacturing certification offering to community colleges. >> when we were in silicon valley a couple weeks ago with dan rosenzeig's company they were saying they were reverse -- two employers are creating custom courses for those jobs. the most notable thing in education is the refusal to acknowledge the obvious which is human beings learn best in a state of experimentation and group based problem solving process and we don't teach that way. we push rote memory and expect regurgitation on tasks and the number one skill is the ability to adapt by solving problems in groups. we're not even teaching that. imogene, your thoughts? >> the prediction is emerging markets will account for 80% of the world's gdp growth this year. is there anything we can learn? obviously they're taking our jobs but surely they must have programs we can perhaps look at here and use. >> number one is they are more
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voracious and focused on the sci-tech field. we did a survey a few years ago which for middle and high school students 4 in 10 say they would be very unhappy in a job that requires a lot of math. that says a lot about the way we teach math and our perspective. we really need to get geared up to focus on these issues. >> that's what you get when you go from a culture of memorization to a culture of experimentation because experiments are fun. memorization is not. jonathan, go ahead. >> in the president's state of the union address he made a big deal about in sourcing and changing the tax code and incentives and things to get companies to stop sending jobs overseas and bringing them back home. is that just feel good window dressing or is that something that is real and would be effective? >> well, you know, i think dylan said earlier every job counts and we ought to look at all sorts of ideas for saving all the jobs we have and getting them back here but one of the
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things we feel is very important is we -- the minute we talk about jobs we tend to say what should government do? we think that actually we'd be better off if we reverse the question and say, what do we need to do at every level to get smart people to have smart ideas to start companies, to get them what they need in terms of getting the patents and regulations they need, getting them the investment they need. getting them a work force they need. making sure they have the communications and the internet access and the transportation they need. make sure they can sell their products abroad. if we take it and think about what do we really need to get this engine going, i think we'll plan for the future and there will be more forward momentum. it is important to say jobs and work with the companies we have now. one of the most telling statistics that we came across in doing the book is that over the last decade or so two-thirds of job creation has come from companies that are less than five years old. so we really have to start to
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think about how can we get these new companies going and how can we get thecm going in ways that will create jobs? >> that is the reason we chose to start this entire 30 million jobs tour from the roof top in the valley where we believe the combination of an open educational system like stanford married to a capital market system like on sand hill road can be duplicated into how they do it. you may not get what they have but the how of a big university with entrepreneurs in capital is clearly something we can be doing now. congratulations on the book. thank you for your time with us today. we hope to talk to you again soon. >> thank you. >> there is the book "where did the jobs go?" check it out. of course one of the places the u.s. jobs have gone is overseas. we know that. straight ahead a bold businessman who dared to fight back against the corporate sharks. >> i don't know we could get to 150 in the u.s. >> okay. hold on, donny, for a second. you said before that you wouldn't consider -- you know when i grow up,
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american ingeneral uty. a carpenter came up with an idea for a collapsible rack system for trucks. he was just missing capital to shift the business plan in high gear and begin honest production. among other things he went on the abc reality show called "shark tank" looking for an investor to bank role his new idea and can please promising a good old made in america product. this is the response that donny received. >> i'm out. >> i'm out. i'm out. >> i'm out. i'm out. >> nos from all five investors not because they didn't like his idea but because of where he wanted to manufacture the product. he refused to out source the labor and as such the investors refused to invest.
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>> his primary point was i'm going to make it here. if you could make it cheaper and build a business would you do it? he said, no. >> a disappointed donny held his head high and stood by his belief that a company can make products right here and still make money. viewers agreed with him overwhelmingly. this video has since gone viral and fans have taken to the show's messaging boards with comments like the sharks dropped the ball. but perhaps donny himself summed it up best. >> i want to take care of my own. i want people to have this product and enjoy this product knowing the hands of the people in this country put it together. >> and the moral outrage to blame the sharks is easy to muster but perhaps it's best for all of us to look to our politicians who should tune in to shark tank for a real reality show about how they're brokering
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our tax and trade policies to special interests and how it's in direct opposition to the american ideals of investment, experimentation, and innovation in our own country. the 30 million jobs tour the 30 million jobs tour continues after this. may seem like the stuff of fairy tales. ♪ ♪ you and me and the big old tree side by side ♪ is take away the pixie dust. take away the singing animals, and the charming outfits. take away the sprites,
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you can't solve any problem if you do not fully understand
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the size and scope of the problem. you can't solve what you don't understand. and our current lack of transparency in our country and our markets and legislation is preventing an honest debate on how to solve our problems. it certainly proves true when it comes to the outsourcing of american jobs which is why michigan congressman gary peters today introduced legislation to shed some light on some of the numbers of u.s. jobs being sent overseas as a result of distortions in our trade and tax policies. the bill requires multi national companies to disclose how many of their jobs are indeed based here at home. how many jobs are based abroad? the idea is to create more of an incentive for companies to keep more jobs in the united states and we'll be going one-on-one with that congressman tomorrow on the show. right now i want to turn our attention to david rothkopf for
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his analysis. he worked on the international trade policy and for the clinton administration and has recently been an adviser here at the dylan ratigan show on our effort to frame a debate around 30 million jobs. david, we appreciate your help with us. and obviously the benefit of your past experience. what if you could proportionately assign weight, there is a lot we could talk about but if you could set some prioritization where could we benefit from transparency in the marketplace when it comes to jobs where if we were talking about those things that were being exposed would most rapidly cause the reform we need? >> well, i think a bill like the one being proposed has its heart in the right place. of course it's very difficult when you look at a product or a service or the activities of a company to know what can be produced in the u.s. or what can't, what percentage of content is actually made in the u.s. or is not made in the u.s. i remember once when i was in the government we had a company
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come to us and say, look. we make our jet planes in america 83% of what we make is made in america. you should support us in trying to sell these overseas. and then a company from another country came to us and said, well, if that's the basis you're using 91% of our planes are made in america so you should support us over the company that's headquartered in america. so it gets very complicated. >> it seems like there are a lot of false starts and rabbit holes that a politician or the media or anybody could go down in an effort, a sincere effort to resolve the issue with a lack of jobs, 30 million jobs problem. how do you tell basically a false solution from a real one? >> well, look. i think false solutions are ones that talk about the past but talk about what's going on someplace else. your focus which has been the focus on creating jobs is the right solution. we have to talk about what attracts dollars to the united states, whether it's infrastructure or tax policy or bank regulatory policies or
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training. you know, having a market at home that's going to buy the product. we need to know what makes us competitive. other countries, take singapore for example, every two years gets together, senior government officials and academics and business people, and says what are our comparative advantages? what's the world going to be needing from us in the years to come? and they actually then create a national competitiveness strategy and they reallocate their resources -- their government budgets, what's going to schools, what people are studying and so forth, in order to enhance that. that's a small country. it's hard to do it across a big one but the spirit of that is right. we've got to talk about how do we create jobs here and not really cry over the spilled milk of what is someplace else? >> and as we do that, how do we sort of posture this -- i shouldn't say how do they -- let me ask you this question. how much of what we are talking about, the need to invest in cradles of innovation and the
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culture of entrepreneurship, the need to invest in infrastructure. the need to respond to our actual problems, nursing, teaching, these types of things. how much of those things can be done by the decision of us collectively or individually outside the government, the media, entrepreneurs, business owners, consultants, anybody in america that wants to get involved in this campaign self-organizing and how much are we dependent on the federal government policy which is so determining of these capital flows? >> it is a great question in the context of this political debate because we have one side saying leave it to the markets and the other side to the government and of course the reality is it takes both. if you want to solve america's educational problems the government's got to put money into schools. but people have got to put an effort around the kitchen table to make sure their kids are also going to study. people have got to say, look. i can't stop studying when i graduate from high school or college at age 21. i have to keep training myself throughout my life. companies are going to have to keep doing that training.
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so it's individuals. it's companies and it's the state working together. tax policy, education policy, infrastructure policy, r&d policy. all these things require the government to play a role. innovation, self-motivation, inspiration, these things come from people. >> and the interesting thing is everything you just described i know we've run the clock on this, speaks to not who did it, not what they did, not where they did it, not even why they did it. everything you just described goes to the central issue of how and how we relate to each other and how we make decisions is the determinative variable in this country right now for a media and polity obsessed with who, what, when, where, and why. it is the broken how that got us into this situation and the repairing of that how that will get us there. surely our overall outlook will
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improve as we examine that. thank you. coming up, nasty old newt. will we see more fear and loathing in vegas? we'll turn it over to chris across town in a moment. but first a closer look at the gop candidates' supposed jobs plans. the daily rant as we continue the 30 million jobs tour from an oddly balmy dare i say warm washington, d.c. 70 degrees on february 1st. sweet, nutty crunchy nut.
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well now back in new york the daily rant. >> hey, thanks, dylan. well, everyone knows republicans went to the polls in florida
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yesterday. they backed mitt romney, which was a change from south carolina where they flocked toward newt gingrich and from iowa where you may remember rick santorum won eventually by 34 votes. even as all these different states are choosing different candidates there is actually one thing people have agreed on in every state that's voted so far. the economy. yesterday in florida for example 62% of voters said it was the top issue, more than triple any other topic. it was 63% in south carolina and 61% in new hampshire. back in iowa, 76% of voters said the economy or the budget was the most important issue according to exit polls. so if republican voters cared so much about jobs, why don't the republican candidates talk about jobs? well, one reason of course is that primaries do focus on differences, even small ones. so romney and gingrich have talked a lot about why they now oppose obama's health care plan though they used to support an individual mandate. immigration was a big deal at last week's debate because gingrich wanted to contrast his
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record with romney's. only one of 30 voters in florida said immigration was their top issue by the way. i do want to propose one other quick reason today. the top gop candidates aren't talking about jobs despite the political interests in their party because most of them don't have much of a jobs plan. let's take an example. in september mitt romney unveiled what he called a jobs package with five major proposals for congress to pass within 30 days of his inauguration. can you name any of those proposals? well let's take a look. number one was to cut taxes on corporations to 25%. number two was to cut the budget by 5%. number three was to downgrade federal retraining programs and their funding to the state level. number four in the romney jobs package was to reinstate trade promotion authority for negotiating future trade agreements. finally number five was to launch a survey of u.s. energy reserves, quote, in partnership with oil companies to expand drilling. okay. can we have some real talk here?
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four of those five proposals do not add any jobs at all. now it doesn't matter whether you think corporations should pay more or less taxes. all i'm saying here is that changing the tax rate does not trigger any automatic hiring. you could of course provide a conditional tax cut for companies that hire workers. there are bills like that in congress but you can't just call an open ended tax cut a jobs program. cutting federal funding for job retraining programs and asking cash strapped states to pick up the tab obviously doesn't add jobs either. ditto on romney's proposal to cut the federal budget. in fact, out of the five the only proposal here related to job growth is oil drilling and that in the romney plan was just a survey not actual funding to do the drilling or pay for jobs. so it didn't take long but i do think our little mystery here may be solved. if your jobs plan doesn't actually provide for any jobs, you might not want to talk about it either. dylan? >> so a couple thoughts. one i disagree with your assessment because trade
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authority if any president was to invoke it would allow them to confront china which is responsible for 50% of our trade deficit. so i actually believe that two of those three things could be a direct pathway to jobs if there was the money for energy as you suggest and if there was in fact trade reconciliation but beyond that what i find interesting is that the current president has had no plan for jobs either for the past three years and the reason the american people are so disgruntled is that while the republicans are absent anything you're describing that that has been to the president's greatest advantage which leaves me with the conclusion that both the republicans and the democrats are being bought off by people who benefit from the failure to create jobs in america. fair? >> in my limited time, the trade promotion authority is just an authority for the president and doesn't tell us what the president would do with it. if romney would do something with it maybe. i don't think alone it's a jobs program. second i do think obama had a stimulus program with some jobs

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