first in the reagan administration and then in the democratic clinton administration when they did welfarem. it brings down the poverty rate when you spend less money on poverty programs. >> that is a distortion of what i read those charts to say. when you have a recession and a down turn people lose their jobs and they don't have an income and cost of living in many cases continue to rise over the period, david. and so the poverty rate is the worst in the depths was a recession. the poverty rate declines >> we all agree. >> we all agree on that. we have spent a lot on anti-poverty and we have cut poverty programs, except maybe the of the most recent. >>> and (talking all at once.) >> they are supporting the reagan economic policiless as a way to get the economy going. we heard him say that. >> i am not supporting reagan economics. >> we hear it. >> you are saying that the economy did better and that's why people got out of the poverty rate. it was the policies of the reagan administration and anti-welfare policy of the clinton administration. >> hang on, and also the local welfare to work

in fact in many ways kind of defeated to break up the banks i'm curious in your years in the reagan administration with the head of the o.m.b. an advisor to president reagan. would that kind of thing have been tolerated. you know i think there's shades of it ok there was vigorous debate within the administration within the white house and as the deficit ballooned in i began to see we couldn't out our way towards balance i became an advocate of raising taxes to recover some of the revenue we lost in one nine hundred eighty one and of course that wasn't popular and it was a very contentious thing but it was out in the open and at the end of the day the president did sign five or six major tax increase bills ronald reagan did the republicans have totally forgot about that today but he did in one thousand nine hundred eighty three eighty four and eighty five now that's different than what i read about this and i find this very disturbing because i think that president obama has been sold down the river by his secretary of the treasury it's i think mr geithner is been a bag carrier for wall street thro

the reagan administration was backing them. as long as the u.s. was supporting them and nothing happened then the u.s. withdrew support almost instantly apartheid collapsed they're saying it's in israel's best interest and the u.s. still allowed this palestinian un membership saying look i thought for thirty five years that the sensor in the chamber is now that it's been for almost forty years there's a choice between security and expansion a very clear choice israel is like other states is preferred and it has since your early seventy's it's had a choice between security and expansion can have peace but not with expansion into the territories which incidentally is recognized to be criminal but everyone including israel they can get away with it as long as the most powerful state in the world backs them and as long as europe goes along and europe is remarkably tolerantly them out like this but they don't like to step on the opponent also the masters so they go along so you know it's the quartet has backed the united states they picked tony blair y

the reagan administration what i think the. lawyers in us were supporting i think or any of us was going to support it. almost instantly report approach saying it's in israel's best interest ask the u.s. still allow this palestinian un membership to say look of thirty five years since very much a mystery is now that it's been for almost forty years there's a choice between security or expansion or a clear choice israel is like the other states. since you're always sort of the balance that's how detroit has become a security expert and can have two years but not with expansion upon the earth of ours which incidentally is recognized criminal for everyone including israel so they get away with it was wrong as powerful statement world but action and as long as you were there was war in europe it was remarkable it trotwood like that was put on life to step on the pony and also the master so that it wants to it was practically a great experience that pony boy or in another part of the plot i was. going to sort of think through and we

the reagan era office of management and budget and republican is credited with writing the reagan budget and continued his work on federal budgeting through nine hundred five for after a few years in the reagan administration stockman turned against the promise of reagan's fiscal policies even authored a book on why the reagan revolution failed last night in fact he explained why. once we got into the heat of politics it came unstuck the defense posture got way too big the pentagon got out of control and unfortunately ronald reagan was unwilling to discipline the pentagon and he hated big government but it stuck with the potomac river secondly when we passed the tax cut in order to pass it we had a pretty and every kind of ornament and special interest gimmick and tax break in loophole imaginable there was almost like a feeding frenzy on capitol hill and so the tax bill ended up being forty percent bigger than we had tended as the deficit ballooned and i began to see we couldn't cut our way towards balance i became an advocate of raising taxes to recover some of the revenue we lost in one nine hundred eighty one and so once you're called in with this observation about david stockman appearance on our show.

my feeling is that in college, especially during the reagan administration, i thought that the democraticarty in the united states had essentially vacated the left. and fused i think a little too much with the political right. there had n. my opinion, been insufficient advocacy for people who were left of center. and so that reality, coupled with the fact of the growing environmental crisis and denial that this country was going through and in seeing the inspirational movement of the green party's blossoming in europe, especially germany, i went to germany in the late 1980's. i spent time with the green party of germany in the parliament over there, learned everything i possibly could. came back to california. i was 1 of 20 people who co-founded the green party here in california. i have been a member of the green party, co-founder, for about 20 years and then less than two years ago i decided it was time for me to shift directions and i became a democrat. >> looking back a few years to your campaign for supervisor, what lessons did you learn from that experience? was there anything that

my feeling is that in college, especially during the reagan administration, i thought that the democratic party in the united states had essentially vacated the left. and fused i think a little too much with the political right.

the reagan administration was right on the. other one was the us and supporting them and nothing. then the us was going to support. a muslim split apart from the pull ups are saying it's in israel's best interest that the us still allow this palestinian un membership and say look at the first thirty five near an absolute sincerity the chamber is now that it's been for almost forty eight hours there's a choice between security and expansion or a clear choice is really what it was like other states prefer for it since i really saw the billions it's hard to us and i mean screams from the mouth piece but not with the expansion of the terrorists which incidentally is recognized by criminal what everyone including israel or they can get away with it as long as thing and most powerful state in the world backs up and as long as europe has a lot of europe it is remarkably powerful but they're not like this but they don't like to step on the particles of the master so they do a lot so you know that's the point that i was perhaps the united states they picked tony boyer and you know part of

i worked in the reagan administration and we had unemployment and it's a given that we're in another depression, not recession, depression, so i know what really caustic media coverage looks like. obama is just getting regarded as just sort of ineffective. even jehmu says he needs new people. when outsiders james carville get rid of the the current team and put in new people. maybe it's trying to be helpful, but believe me the net take away inside the white house, we just got dissed, not help. >> the republicans are trying to get some media for their enown plan. rand paul. >> i have a message for the president, if you're for job creation, you can't be against the job creators. another message for the president, we've got a bill that will help solidify a thousand jobs in south carolina, pass it now. if you want to be in favor of jobs, pass this bill now. >> he's obviously referring to that boeing plant in south carolina that the national labor relations board is keeping shuttered for now you because they're engaged in a fight over union workers and so forth. and does he have a point a

the reagan administration i think. it was long as the u.s. was supporting nothing. then the us was going to support. almost instantly a part of the pull ups are saying it's in israel's best interest and asked us to allow this palestinian un membership to stay with us for thirty five years since entering the chamber and it is now that it's been for almost forty years there's a choice between security and obstruction or a clear choice that israel was like other states is preferred since the early so that means it's had a choice and a common security. can have peace but not with the expansion of the territories which incidentally is recognized to be criminal but everyone including israel where they can get away with it is one of the things that's powerful state world to accept and as long as you were there was a war in europe was remarkable because i don't like when i'm out like this but i don't like to step on the pony and also the masters so they do a lot so you know it's like i want to up as black and united states that pony boy or whatever and you know i want to co

the reagan administration was but i don't know. it was long as there were some supporting it and nothing happened in the us with the support. almost instantly part i put up there saying it's in israel's best interest and the us still allow this palestinian un membership to stay with them for thirty five years the sensor in the chamber is now that it's been for the last fourteen there's a choice between security and expansion and every color code words that israel has like other states is preferred since early so the balance let's have a choice between security and expansion of the mouthpiece but not with experiments going to perth words which incidentally is recognised criminal like everyone including israel where they can get away with it as long as the most powerful state in the world backs them and as long as you are oppose war europe it is remarkable that i don't put them out like this but they don't like to step on the tone and also the master so that it will go on so you noticed that i was practically got experience they picke

is there any lesson learned from your tenure in the reagan administration that could restore confidence today now? >> well, put the end to the program, different from -- problems are different than they were then but have tax reform for individual taxes, in the 1986 model. do the same thing for corporate taxes. get the spending line pointing down. probably you need to say what is your aiming point. your aiming point is the amount of revenue that the tax system would produce at high employment. that's a good point to aim at. get this regulatory moreas under some control and you're in business. >> susie: mr. spec-- secretary, thank you so much. it's been a pleasure talking with you. >> thank you. those worries about greece and a default put the brakes on wall street's weeklong rally in stocks. let's take a closer look with tonight's "market focus." investors pressed the sell button today. all of the standard & poor's sectors ended in the red. the financials, energy and material sectors were hit the hardest. the financials are already down nearly 20% this quarter. energy and materials are

oberstar: but even a decade after it was enacted, the reagan administration came in and cut the grant program to a loan program. and funding diminished over a period of time. now, we still have 1/3 or more of the nation's streams and lakes that don't meet the standards of the clean water act. we have to advance the cause. that is the big challenge ahead of us. you just don't think of raw sewage in waterways in a developed country, and yet, that's what we have, and not just in pittsburgh, but all over. narrator: pittsburgh is situated at the confluence of the allegheny, monongahela, and ohio rivers. these three rivers are vital for industry, recreation, and drinking water. and each year, billions of gallons of combined sewer overflows discharge directly into those rivers. hecht: we're now having to face the consequences of the choice that was made to put in combined sewer systems. narrator: in 1994, the government adopted a combined sewer overflow policy to reduce csos nationwide. cities with combined sewer overflows now face an enforcement action called a consent decree. under a conse

the reagan administration was backing them up as long as they were supporting them nothing but the us withdrew support. almost instantly a prototype put up so they say it's in israel's best interest and the us still allow this palestinian un membership a state worker for thirty five years the sensory chambers know that it's for them for us for good there's a choice between security and expansion and very clear choice that israel is unlike other states it's preferred for since the early seventy's it's had a choice between security and expansion kind of peace but not with expansion of the perth areas which incidentally is recognised criminal but everyone including israel so they get away with it as long as things of powerful state in the world backs up and as long as you are because we want europeans remarkable that cowardly but not like this but i don't like to step on the point also the master so they go along so that you know it's the thought that has backed it up streets that torn it boy or you know off the top of him but then i might as well stick to work through that for him the b

the reagan administration was but i think. it was long as he was supporting them nothing but when the u.s. wants to support. almost instantly a part of the problems facing it's in israel's best interest and the us is told by this palestinian un membership see the full of thirty five years since very much a mystery of smell that it's been for almost forty years the choice between security and expansion are very clear to us as europe is like other states thirty three cents really so the billions it's had a choice between screwing up strengthen the mouthpiece but not with expansion of the perpetrators which incidentally is recognized to be criminal what everyone including those who are they can get away with it as long as think that's powerful statement world back then as long as europe was what europe was remarkably cowardly when art like this i don't like to step on the planet also the master so that the world wants you know just what it was back the united states to pick tony blair and . pull off the commonwealth but i might as

the reagan administration was backing them up as long as there were some support and nothing happened when the us was going to support. the most instantly of what i put out there saying it's in israel's best interest and i suspect the us still this palestinian un membership will stay with us for thirty five years since a third of the chamber is now that it's been for almost forty there's a choice between security and expansion or a clear cut which is really what it was like other states prefer to have for sums really so that means it's had a choice between security and expansion can have peace but not with experience i don't care if the others which incidentally is recognized to be criminal but everyone including israel they can get away with it as long as thing the most powerful state were back on as long as you were there was war in europe it was remarkable that clarke let them out like that but they don't like to step on the point also the master so they go along so that you know that i was back in the united states pony club they are in another part of the commonwealth him but the

respect to the aftermath although i don't want to mislead anybody but there is other stuff says walter i have been through five republican administrations starting with eisenhower and also the reagan administration partip of the house leadership's allies tried to cover all of that period of time but there is enough there he has tried to make a living ridingt articles about me. [laughter] d >> thank you for having us. just to give you an idea i will start with questions about 9/11 specifically and ask youw y about your personal views because you like to put yourself on the couch. public self reflection. [laughter] then to talk about a number som of different ways and the policies emanating from 9/11 and try to fill in the gapsav blocking the interviews and you have done and the questions i have remaining o fed we will throw it open four additional questions that will probably be much better than mine.or the first place i thought we would start the morning of 9/11. i would be interested to know when you first knew weir were under attack. w not hear about a but when did you know, we were under attack and what we're first thoughts?l, >> i was in my office of the west wing when my secr

administrations since eisenhower. i worked in four of them. worked closely with the fifth, the reagan administration, as part of the house republican leadership so i try to cover all of that period of time, and obviously there's a lot we had to leave out, but there's enough there that steve is trying to make a living writing articles about me. so, i'm going to turn it over to him. >> excellent. thank you, and thanks to danny and aei for having us, just to give you an idea what i thought i would do this morning, i'm going to start with questions about 9/11 specifically and push you in particular about your personal views on these things, because i know you love to put yourself on the couch like that. public self-reflection. and then i'm going to go and talk about a number of different ways in which the policies that emanated from 9/11 that you, i think in large part helped drive, and try to fill in some gaps. i spent a lot of time looking at the interviews you've done since the book came out. i read it now twice. and some questions i have remaining for you. so, i think that's how i'd l

bizarre world of no regrets, here's one rekbrgret dick cheney should ha his comb-over from the reagan administration weird for normal people at the end of their life, they spend more time with their grandkids, they are philanthropic, they might give their extra money to charity. not these narcissists, they're just crazy, crazy, crazy out there thumping around. "i have nothing to regret." a friend of mine tweeted today it's torture unless both people enjoy doing it. >> and condi rice said she didn't like her integrity being attacked. >> cheney attacked just about everybody, and he really had to, because honestly, if you noticed, he really never told any stories. he never told the storiesç we wanted to know like how much did haliburton make after they engaged us in a war that cost 500,000 american lives or lives in afghanistan? what are you talking about with that duck blind supreme court judge? what did you say to that judge when you had that judge rule for you that was clearly no precedent at all, when he covered up what happened between closed doors when he met with the energy industry? there are

why -- you spent 25 years promoting democracy everywhere from the reagan administration downward. you must be worried in the arab world it's not working out? >> of course i worry. we all have to worry as we watch islamist groups and extremist groups come out from under and try to make their case. but the ante dote has to be democracy too. the ante dote has to be to make the argument, not for us, for people in those countries, to make the argument this is a dead end. this is wrong. this is not the kind of islam we want in this country. whether it's egypt or libya. we cannot ultimately, i think we found this out in the arab spring, suppression will not work forever. there's got to be an argument within the islamic world, particularly within the arab world, about what kind of societies they want. it will be a bumpy rite ride. we're going to need to do things like help protect our ally in israel from what may be the kind of thing we're seeing in turkey which is just trouble making. but this is a reminder, by the way, this is not about palestine, egyptians have had several wars with is

you spent 25 years promoting democracy from the reagan administration onwards. world it's not working out. >> of course. we all have to worry as we watch islamist groups and other extremist groups come out and try to make their case. the anti-dote has to be democra democracy. it has to be to make the argument this is a dead end. this is wrong. this is not the kind of islam we want in this country whether it's egypt or libya. we found this out in the arab spring. suppression will not work forever. there's got to be an argument within the islamic world, particularly the arab world about what societies they want. it will be a bumpy ride. during this bumpy ride we have to do things like help protect our ally in israel from what may be the kind of thing we are seeing in turkey which is troublemaking. this is a reminder, not about palestine. egyptians have had several wars with israel. egyptians have had a negative view but nothing to do with palestine. the notion that if you improve conditions on the ground in the west bank, egyptians will say it's fine. this is a lo

you got to go back to the reagan administration to see a situation that's been so difficult for this the problem, what solutions are being discussed, or are we not discussing race specific solutions and that's a problem? >> first of all, we're not discussing race specific solutions. do understand there's a common phrase used that when america gets a cold black america gets pneumonia. so whenever there's an economic downturn, folks who are at the lower end are always impacted. first of all, when you talk about black men, you have to tie the job situation to education. and so when you talk about detroit and chicago and other cities where you have 25, 35, 40% of black men graduating from high school, what that means sue have people who are not even -- not even a having high school diplomas where they are in a position looking at lower wage jobs important,ly customer service jobs or opting for jobs in pharmaceuticals also known as being drug dealers involved in crime or whatever. folks absolutely out of the marketplace. so education is a direct correlation. but, when we also study the st

that colorize largely african-americans and has created really in the last 20 years since the reagan administration the largest per capita incarceration population in the world, the vast majority of -- or disproportionately african-americans on drug charges. this, that's the neat story. but the story they don't want people to say, i don't think, is that drugs are a major global industry. the united nations estimates that between $350 and $500 billion a year are generated in cash in the global narcotics market place. that's a huge transnational industry. in fact, um, "forbes" magazine has taken to including the man suspected to be mexico's largest so-called drug lord in their list of billionaires. and in a rare moment of honesty of capitalism, the first year that they listed him in the listed billionaires, specifically they'll have the list, and then it'll say industry, like, how this individual generated their fortune. usually they don't say theft, but what they will say, for example, is carlos lind, industry: telecommunications. in and in this case, joaquin. industry: shipping. which i thought was

remember, this month in the reagan administration, september of 1983 we created a million 100,000 new jobs. obama's socialist policies, class warfare and bureaucratic socialism we created zero in august. i believe with leadership we can balance the budget. we went from $2.2 trillion projeblghted deficit over a decade to $2.7 trillion projected surplus when i left. it is doable. it takes real leadership. >> thank you, megyn. the next question is for all of the candidates. comes to us from atlanta, georgia, on the topic of education. >> i'm a fellow lawman from atlanta georgia. i taught in both public and private schools and now as a substitute teacher. i see administrators more focused on federal mandates retaining funding, trying not to get sued while the teachers are jumping through hoops trying to serve up a one size fits all education for students. what as president would you seriously do about what i consider a massive overreach of big government into the classroom? thank you. >> that topic is for all candidates. 30 seconds each, please. governor johnson? >> i'm promising to submi

i was attacking the reagan administration's job training and partnership act, which was as much of a fraud as the carter administration program. >> again, donna, we -- this is a valuable proposition. we have a tremendous number of people in this country who have a desperate desire to work. we have a lot of problems in this country that we're desperate to address, from infrastructure to energy to health care. training them would seem to be an attractive concept, certainly not only politically, but in reality. is there anything that you have seen or any organization in any mechanical system that actually hasn't been able to pull this off in a way that you create good jobs? >> well, i think there's two things. first of all, it's an attractive theory if you want to try and keep people focused on, you know, instead of creating jobs -- job training programs don't create jobs. they train people for existing jobs. have to have a federal agenda around creating jobs. there's not a job training program in the world that will create them. but, yes, i've seen them work. and why i think they fail i

it is important to remember, this month in the reagan administration, september 1983, we created a million 100,000 new jobs. obama's socialist policies, class warfare and bureaucratic socialism we created zero in august. believe with leadership we can balance the budget. did it for four consecutive years we went from 2.2 trillion projected deficit over a decade to 2.7 trillion projected surplus when i left. it is doable, but it takes real leadership. [ applause ] >> the next question is for all the candidates if atlanta, georgia on the topic of education. >> hi, i've taught in public and private schools. now i'm a 7th grade teacher. i see administrators more focused on federal mandates, retaining funding and trying not get sued. teachers are jumping through hoops trying to serve up a one size fits all education. what as president would you do about what i consider a massive overreach of big government into the classroom? thank you. [ cheering ] >> that topic is for all candidates and should get everyone to weigh in, 30 seconds each please. governor johnson. >> i'm promising to submit a bal

johnson, but many say his candidacy laid the historic groundwork for what was to become the reagan administration years. frank rich writes, "whatever perry's 2012's electoral fate, his lightning ascent is final proof if any further is needed in the day of tea party gop that a bipartisan consensus in america is as unachievable now as it was after 1964." i'm skeptical of what rich writes, but he's a smart guy. let's go to these questions, do you think, richard wolffe, you studied the politics of this presidency better than anybody, how do you see the argument here. let's start with the right wing, is this going to be a right-wing victory in this nomination process? when it ends up in tampa next fall, at this time next year, will we end up with a conservative candidate? >> i'll put money on that. the energy of the party is for an extreme candidate that doesn't want to have anything to do with the center, with moderates, with obama's position. >> that's what i think. i think the party of heat and hatred to some extent needs a head, that's got to match the heat and the hatred. your view, cillizza, is

a longtime conservative thinker, he was the chair of council of economic advisers in the reagan administration. gentlemen, we thank you both for being with us. >> good to be with you. >> woodruff: professor feldstein i'm going to talk with you. let's talk about the tax cuts in the president's plan first. this notion that he would cut the social security payroll tax in half for employees, expanding it, and then extending it to employers. what effect would that have on jobs? >> well, a very small positive effect. the part that households get, that employees get, the part that employers get i think would basically be just saved, added to retained earnings. so that would have almost no impact at all. >> woodruff: why don't you think it would have a greater impact on employers? >> oh, because you're talking about a 3% of payroll reduction. so if you're going to hire somebody and pay them $30,000, it's $900 a year. that's tax deductible against a corporate rate. so it's $600. so for $600, they're not going to make the decision to make a permanent hire. >> woodruff: austen goolsbee you were in this w