rick newman, chief business correspondent "u.s. news & world report." randa fahmy hudome, and joy-ann reid, managing editor of the grio.com. thank you for listening me to rage about doing my taxes. i want to start with you. you just wrote that the buffett rule, while potentially important, sort of moving in the right direction around deficit reduction, is really the wrong place to start. explain to me why. >> i think it's a reasonable idea is because if you look at the tax rate for top earners over time, it's drifted down overtime and much lower than an historical average. it makes more sense to push it closer than an historic average. we have enormous problems with our tax goad, government debt. the buff set rule is so marginal it won't improve the debt. we have a joblessness problem. it won't reinvigorate the economy or take on any of the big problems we have. it's popular, i see polls say 60% of americans support it. maybe more than that. but it's not going to do anything to energy our economy. you have to crash your head and say is this the plan he'

rick newman, thank you for your time.eciate your perspective. >>> president obama on the brink of the democratic nomination that kicks off today's side bar. the president all about certain to lock up his party's nod when five states vote tomorrow. he's won almost every delegate so far in the democratic prim y primaries with an exception of handful of delegates in southern states. >>> crackdown on illegal immigration will take center stage at the supreme court this weekend. there will be hearings on arizona's tough immigration law and whether the state law interferes with the federal immigration policies. >>> rod blagojevich could be turning to teaching while he's in prison. fox chicago reporting that blagojevich is currently washing pots and pans but soon be teaching shakespeare and greek methodology to other inmates. >>> ted nugent lost a gig over his rant about president obama. the u.s. army has removed nugent from the lineup of a summer concert at ft. knox. >>> new jersey governor chris christie continues to insist tha

rick newman is the chief business correspondent for u.s. news and world report. know it pays to study stem. stem is the mantra. according to the national center for education statistics, college grads with the stem degree make about 39% more than those with general studies degrees. now, aside from choosing the stem degree, because not everybody is cut out for stem, what are some of the things people can do to make sure they're making the right choice. >> obviously you want to know what the job market is going to be like when you graduate. not everybody can predict that. i think it is really important to keep in mind that learning needs to continue after college. i mean, the most successful people in their 40s, 50s, and 60s, are people who are continually learning. things change really fast in this economy. we're not really sure what kind of jobs are going to be the ones in most demand 15 years from now, 20 years from now. things change really fast. you need to be somebody who is going to be able to keep learning, creativity is really important. >> adopting new te

we're back with the political panel, brand new family member and down at the far end rick newman.licans, a bunch of hateers. don't vote on them. they're hateers! >> steve, this is political theater. this is what we do. democrats do it. republicans do it. unfortunately, it doesn't move the needle. we're looking at really, really tough economic times and the median household wealth for black women is $100. for hispanic women it's $125. for white women it's $42,000. that's only 61% of their white male counterparts. the real wages have not moved in the united states in more than 30 years. now, i want to hear both parties talk about those issues. i want them to talk about the economy. our real wages impact how we live every day. we are not -- we are making -- functionally we're making less. >> this is how it should be. this is what we should do. we should have honest dialogue and let people vote on the issues. but in my book "bamboozled" that was a bestseller, i talked about how liberals exploit minorities by doing exactly what howard dean did. but it's not working anymore. and as she

newman bumps boyer and ends uptaking out bush, newman and johnson. rick sees a one, two, three finish for his team go up in smoke. newman comes out in front. almemdinger comes in second. >>> 16 laps to go in the indy car race. they're about to drop the green flag for a restart. and will power times his pass just right. powers takes this win for the sec year in a row. in the victory lane, he's no carl edwards. >>> when it comes to sports competition there's nothing like a good old fashioned cross town rivalry. even if it was 30 years ago. fred inglis was there yesterday as 400 people got together to celebrate 50 years of c burrell field. >> beat the pirates. >> reporter: some former football players from the 1960s, 70s and 80s reunited yesterday at c.burrell field, the home of the pirates and giants. >> i think i need an oxygen bottle. >> this is like a different time line. >> reporter: this is first meeting in 30 years between the vickings and san leandro pirates. >> it's contact, like football it happens. >> reporter: last class was 1983 -- pacific heigh

bowyer is taken out of contention and rick hendrick seeses 1-2-3 finish for his team spinning away and newman for the first time in 22 products with south bay product a.j. allmendinger finishing in 2nd. >>> 168 laps to go in the endy car in birmingham, alabama. they are poised for a restar and will powers poised to get a. on scott dixon to take the lead. powers wins this race for the second year in a row. the giants wrapped up their cactus league season against the brewers and tim lincecum's final tune-up before opening- day. 7-4 loss and brandon crawford with a home run for the giants. the a's played two games in japan and josh reddick took seattle's george sherrill deep in the 7th. reddick fergs to be a fixture in right field for the a's in an otherwise crowded outfield. reddick something of a baseball throwback. >> i am a dirt dog. like to run through walls to catch the baseball and play the game 110%, no matter if we're down by so or up by 10. my parents taught me to play the game the right way. >>> the no. 1 tennis player in the the world trying to stay on top of his game and we'll tell