history they know seems to be the history of their careers so monetary history of the us rehat niall ferguson says so too and take that knowledge to hearings on capitol hill or the boardroom or to davos so that is my rant let's stick to money though let's talk about the dollar u.s. president barack obama is talking about a plan to bring back manufacturing to the u.s. you know it's been going overseas for forty years a columnist and co-director of the center of economic and policy research team baker says his plans got a missing piece here to talk about what it is he is here and i bet he's read monetary history of the u.s. how do you see here our guy then all right so first i'm sure you're going to want to challenge me on the deficit so i'll just give you the opportunity to do my wrong well you're wrong because if we didn't run the deficits that obama around we'd have much higher unemployment i really can't imagine what the right man would want that so hard very good you're on the deficits you should run bigger ones and the whole point was he walked into the middle of an economic collapse and

ezra klein, thank you. >> no one defended him. >>> dannel malloy, niall ferguson, and michael oher.ns the conversation. you're watching "morning joe" brewed by starbucks. [ woman speaking indistinctly over radio ] home protector plus from liberty mutual insurance... [ alarm blaring ] where the cost to repair your home, replace what's inside, and stay somewhere else if you need to are covered. because you never know what lies around the corner. to learn more, visit libertymutual.com today. we asked total strangers to watch it for us. thank you so much, i appreciate it, i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money ? if your bank takes more money than a stranger, you need an ally. ally bank. no nonsense. just people sense. what do you mean? >> well, he's pretty much a unidimensional candidate. he talks about being the ceo, the businessman. i'm not sure that's the greatest qualifications for being president of the united states. the president of the united states is the commander in chief, executes the laws and tries to motivation