Page 660 - Graph News Today

If we can get the economy moving, if we can focus on putting people back to work and stimulating the economy, then were going to -- were going to grow our way out of this deficit problem. and i have to tell you that any deal that cuts medicare and social security benefits, not cuts the programs or makes them more efficient but cuts those benefits should be, to most -- and is to most americans completely unacceptable. we dont need to do that. >> let me just quickly show a graph that compares the ...

Bit. there is obviously a graph that is being use ned the courtroom. every time we go to the courtroom we are trying to show you this picture, this obviously is not live, we are trying to show you what is happening inside a court. before we went to adam housley out at the los angeles superior court there were some graphs that are being shown in court right now. do you know what is behind that, adam? >> reporter: yeah, dr. paul white is his name who is the person talking about that graph right no...

>> well, even, let me show you this graph. even fox news poll show most americans like president obamas economic ideas. they blame the gop to stopping them. americans on obamas economic policies, good idea, trouble getting them implemented, 52%. this is a fox poll, congresswoman. >> well, you know, they want on the first day of session that their number one goal was to make sure he was a one-term president, so even ideas that he has put forward that originated with them, when he puts them forwar...

They are the ones who have seen their income rise the most. they are the ones whove been helped the most. wait, hold on. whats that? im being told this is not the whole graph. this isnt the whole graph. we got the bottom 20%, the next 20%, the middle 20%, the next 20%. so this part here that shows the richest people in the country, thats not the whole top 20%? thats not the whole thing? okay. this part here that shows how much better off rich people are, how much better off rich people are doing...

The bank won. we set up an independent consumer -- we made illegal the kind of loans -- we want to help responsible home ownership. we outlawed those. we did -- well, derivatives, we had this whole business with these obscure and arcane derivatives, the aig got in trouble. we regulated them for the first time. you now cannot go in and do that. we had problems with cities that went into these deals that wound up getting taken, and weve now said if youre going to be an adviser to a city, you have ...

They are the ones who have seen their income rise the most. they are the ones whove been helped the most. wait, hold on. whats that? im being told this is not the whole graph. this isnt the whole graph. we got the bottom 20%, the next 20%, the middle 20%, the next 20%. so this part here that shows the richest people in the country, thats not the whole top 20%? thats not the whole thing? okay. this part here that shows how much better off rich people are, how much better off rich people are doing...

Former auto adviser in the treasury department under president obama and author of the book "overhaul: an insiders account of the obama administrations emergency rescue of the auto industry." i want to read that. and former congressman alan grayson, who is running for congress who speaks his mind and quite well, i might add. great to have both of you with us tonight. congressman, i want to ask you first, is president obama inciting hatred toward the rich in this country when he points out the in...

President obama and author of the book "overhaul: an insiders account of the obama administrations emergency rescue of the auto industry." i want to read that. and former congressman alan grayson, who is running for congress who speaks his mind and quite well, i might add. great to have both of you with us tonight. congressman, i want to ask you first, is president obama inciting hatred toward the rich in this country when he points out the income gap? >> no, i mean, for paul ryan or any republi...

Redistribution of wealth is a reality in this country. its going from the bottom to the top. joining me now, samuel joe wurzelbacher. joe, good to have you with us. >> thanks, mr. schultz. >> eds fine. you just saw that graph. you saw that statistic. youre in congress. what would be your remedy for that? youre a plumber. youre down there at the blue line down there. youre the working folk of america. this is the income inequity. whats the solution? >> changing the tax code, which brings me to th...

Anybody else in the country, they are the ones who have seen their income rise the most. they are the ones whove been helped the most. wait, hold on. whats that? im being told this is not the whole graph. this isnt the whole graph. we got the bottom 20%, the next 20%, the middle 20%, the next 20%. so this part here that shows the richest people in the country, thats not the whole top 20%? thats not the whole thing? okay. this part here that shows how much better off rich people are, how much bet...