dr. raymond burse, this gentleman was set to be paid almost there are 350,000 a year while the school searches permanent replacement. then burse asked for a $90,000 pay cut. now you might be wondering why an executive asked for 25% pay cut. well, mr. bur s.e. is using that money to improve the powerly pay of university employees currently making minimum wage. as a result of burse's pay cut, 24,000 t 24,000 -- excuse me. a total of 24 kentucky state university employees will go from making 7.25 an hour to 10.25 an hour. he also will take cuts any time minimum wage employees are hired on his watch. he said, if i thought i would ask them to really be committed and ask them to give their all, i should be doing something in return. i thought it was important. we think it's terrific. joining me now is james peterson, msnbc contributor and lehigh university professor. there's a lot of different ways to fight income in equality. i think this is truly an example of leadership. that if we were to do this as a governmental body, the economy would change. we know the economy is going to change for 24 of t