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Regular they're exceptional. in studio tim o'brien, executive editor of bloomberg, also msnbc contributor and with us from washington, d.c. jared bernstein, former chief economist for vice president joe biden. also an msnbc contributor. bottom line we -- yes, who wins, who loses? clearly, corporations and the super rich win. but walk us through the real rationale are tim first, of this argument that president trump and paul ryan made that this is a plan for the middle-class? >> the real rationale is that it's smoke and mirrors for the middle class. they sold this as something that's targeted t...

>> so let's talk more about race and a generation gap. i want to bring in now a writer for "the root" in washington. >> i was formerly for "the root." i wrote a piece in 2008 called gen-y for "the root" about the fact i don't believe gen-y is color blind. i'm happy to talk about that. >> thank you. also charles gallagher the chair of lasalle's department who joins me from philadelphia and tim wise joins me here in new york. we'll go to tim first. so did my interviews with, did anything surprise you? to a tern, no matter whether white, asian, black, whatever they were they did think the george ...

[ sighs ] [ flo speaking japanese ] [ shouting in japanese ] we work wherever you work. now, that's progressive. call or click today. let me begin by saying this was a failure of process. i regret that i did not ask to see the video when tim first told me of its existences because i am certain this situation would have had a different outcome had i done so. >> the hits keep coming in the rutgers basketball scandal. first university fired coach mike rice after videos of him behe rating players surfaced and now tim is out as the athletic direct heor.

Director without jobs this week. the video shows the coach throwing basketballs and calling them derogatory names and kicking them. it only added to the already tarnished reputation of rutgers. >> reporter: the video cost tim per nitti his job. >> i always have and i always will no matter what want what's best for rutgers. >> pernetti saw the video last november of head basketball coach mike rice kicking and shoving his players at practice, throwing basketballs at them, and using homophobic slurs. in consultation with other university officials, pernetti said he decided to suspend rice rather ...

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