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They always feel like they're going to move up through social classes and so they may not be using the tax deduction right now but they think one day i'll be rich. one day i'll buy a bigger house and that will come in handy. why should i get rid of it? >> one thing it creates, we end up talking about this a lot in terms of the front end effect. its effect on individual homeowners. you have all these incentives, this tax deduction to fannie mae and freddie mac who get people on the margin of renting and buying and even before that margin when they should be renting to buy and that creates a dif...

Is "museums matter" by james cuno. it's summertime and maybe you will be tempted into one of the great museums of the world. these museums are under attack from some places for housing stuff from other countries and cultures, often acquiring it in not-so-lovely ways. well, the author, the head of the j. paul getty trust, explains why the great enpsych paidic museums, like the metropolitan museum, are essential to understanding the modern world. understanding globalization, diverse cultures and basically are a force for good. it is a brilliant book, brief and very well written. and now for th...

Regular viewers will have notice the gps has thus far been completely free of any royal baby hype and hysteria. we came up with an interesting question you might like to try answering. who was the last british man narc still on the throne for the birth of a great-grandchild who was in direct succession to that throne. is it henry the iii, libbed the 1the -- elizabeth the 1st remember or george the third or victoria. you can go to itunes.com/faried if you ever miss a show or special. muse museums matter. it's summertime and maybe you will be tempted to one of the great museums of the world unde...

And? the corpse will be revived. or as they say in the serious drinking business, if you have one too many of these, the corporation will become un-revived. happy friday, the recipe is at maddowblog.com. have a great night, see you later. as a great economist in the british verse, the u.s. economy gets knocked down but gets up again, but the republicans try to keep it down. the stunning new numbers on the economy today. >> hostage job gains. >> the private sector kicked in, in a big way. 236 thousand jobs added last month. >> 236 thousand. >> the nation's unemployment rate. >> fell two not...

Will continue to doing so regardless of sequester and 15%, 16% of the overall workforce including the states so you do have this robust growth in construction with the housing stuff we have been talking about. >> housing numbers up. >> one thing that's not so positive is that business and professional services and retail. these are not particularly high paying jobs. you could easily earn just barely more than the pofrly level working at one of these business services jobs. so we're not creating the best jobs in the world for people and their futures but better than no jobs or shedding them. >>...