Jacob Hacker the Stanley B.Resor Professor of Political Science, Director of the Institute for Social and Policy Studies and author of American Amnesia: How the War on Government Led Us to Forget What Made America Prosper explains why America lost our historical understanding of the mixed economy. How regulation helps grow economies and produce better outcomes. Why we are safer and wealthier because of government investment and regulation. Climate change is the biggest externality that we face and we need government to address it. The descent of the Romney’s and the rise of delusional Right Wing politics. Why we need to clean up politics to restore government. Government makes the pie bigger. The problem with the Nudge agenda and why we need to trust government. (12:30)
On The Fun Half: Dinesh D’Souza calls Michael a “limp wristed voice fellow and Sam reviews D’Souza’s insane new movie trailer. Trump caller Dug returns! Bernie or Bust? Bernie Sanders called out Panama tax shelters back in 2011 and your calls and IMs.