Detailed text transcripts for TV channel - FOXNEWS - 20120207:15:24:00
People going up and some going down. the american enterprise institute looked at federal reserve data showing between 2001 and 200744% of those in the lowest 20% of incomes moved to a higher level. 34% of those in the highest 20% moved down. looking at all the data the administration argues the deck is stacked against the poor and middle class, but researchers say the deck is constantly being shuffled. and some say their argument is sending the wrong message to the poor by suggesting they have no hope of moving up no matter how hard they try. bill: between 2001 and 2007, some of these years we...
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