Detailed text transcripts for TV channel - MSNBC - 20131124:18:30:00
There. >> sure, it's easy when you have, you know, researchers who are in ivy towers or think tanks looking at poor people make bad decisions with finances or bad decisions with having children or getting married. they're thinking, you know, why are poor people making what appear to be obviously bad decisions? what this study is suggesting is that it's not the poor people, it's the concept of being poor, not having money imposes its own tax. they found out -- they said at one point that it's the equivalent of having 13 fewer iq points. so if we're interested in figuring out the origins of bad ...