administration or invite a charter school to take over. compton mckinley s public school made adequate only once and bottom 10% of schools state wide. on tuesday, 60% of parents at mckinley turned in a petition, took over that right and turn it over to a charter school operator. today i m joined by wall street editor jason wright and david, you ve been following this, where did the parent trigger movement get started? it basically began with a liberal los angeles parent group called parent revolution and they conceived of the idea and got it passed into wrau and as a package of reforms through the state legislature by one vote with a liberal democratic sponsor, gloria romero. . paul: this is one of the fascinating thing about it mostly liberal democrats opposed to the school choice, this is one of the most
hiring, because once you hire someone, it s not so easy to get rid of them a year later and i think in terms of, like dan said, keeping the patient alive, it s all good. in terms of making us economy more competitive what we really need to do, no. paul: dan, why would the president we don t have a lot of time why would the president kick it down the road for two years, putting it right in the middle of the 2012 political campaign for all of us. i believe he is a class warrior and wants to fight the upper bracket thing. he said he would repeal it. paul: he thinks it s good politics? he thinks it s good politics and has an alternate idea how the economy gross and not for people in the upper bracket and wants to fight on that. paul: and if he thinks the economy is better in the 2012, the republican argument is that raises those taxes that would hurt the economy, that trump card can go and fight on fairness and win. i can t wait to find out. paul: i don t know, your taxes ma
paul: let me ask you, a different, but related question, you ve been in the government and have seen what classified and someone says the government keeps too many secrets. do you agree with that. yes. paul: they ought to declassify a lot more things to focus on protecting the secrets we need to protect? i think that it would help. i think that would also help to put some controls in, the same way that you would when you use your credit card. at some point, if charges start being run up that are unusual, you get a call asking whether your vacation in the bahamas or just bought a stereo, but people have access to classified information and there are controls possible that show that somebody in toledo is dumping 500,000 documents, you ought to ask some questions. paul: all right. a fascinating interesting and no doubt interesting to see how it goes. thanks for being here. when we come back, president
been so diskreted by the obama administration, the last stimulus we had over a trillion dollars actually lost 2 million jobs so i just hate that word. okay, is this what you would call a supply side pro growth tax spread? i really think it will help the economy, quite a bit, in fact, i m very bullish on this. mary is right it s only keeping the tax rates where they are, but if we hadn t done this, paul we would have been talking about raising the capital gains tax, the dividend tax, income taxes on small businesses, so, i do think that this really, i agree with larry summers, i believe that this dramatically reduces the chances of a double dip recession, it gives some businesses and individuals and workers some certainty about what taxes will be next year. paul: okay, but only for two years. that s true. paul: and it only avoids the tax increase, steve, it doesn t cut taxes any further for the most part other than one or two small points. dan, is this your idea of a growth po
all students. no students from the failing original school will be banished by a lottery. paul: what is happening at compton, what happened this week and do you expect to happen? 260 parents, about 61% of the parent body at mckinley went down to the superintendent s office in compton and delivered their signatures and began the charter process and what they have called for in petition all along that the so layerty educational group, the charter operation. paul: running a couple of charters successfully. three in l.a. and they ve petitioned for this because of the specific petition, specifically for the charter to come in this case. what we now expect to happen is lawsuits. there will be challenges. paul: the unions will challenge this and try to stop it, but ultimately if the law says what it means what it says, they should be successful since they ve got 61% of the support. the law is right there. paul: jason you ve been following education reform for a long time, schoo