Detailed text transcripts for TV channel - MSNBC - 20100802:20:28:00
America since 1973, their income has gone up 10%. the cost of living, of course, much more than that. at the same time for the top 1%, income has exploded 300%. bank gambling is very profitable. if you need a real face of the struggling middle class, look no further than ed's extraordinary piece in the financial times today. ed profiled connie and mark friedman who live and work multiple jobs in the state of california. connie, mark, welcome. nice to see you both. ed, i want to begin with you. give us a sense of size and scope. how bad is this beyond what i described? is it as bad as it appear...