Detailed text transcripts for TV channel - MSNBC - 20120901:12:05:00
It's based on a core reality. the dream of american mobility is slipping away. we all know about the extreme and accelerating inequality. mobility is harder to measure than inequality but nearly all studies show it has plateaued or declined for the past several decades. 43% of those born into the poorest fifth of households will stay there while only 4% will make it to the richest. only 8% fall down to the poorest. those born rich stay rich and those born poor stay poor just like the bygone air stock ck rahcies. while the gop won't put it in those terms, they understand this. the un's and anxi...
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