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Detailed text transcripts for TV channel - MSNBC - 20100802:20:28:00 - Vimarsana News

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...

Detailed text transcripts for TV channel - MSNBC - 20100802:20:32:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100802:20:32:00

Americans, or do you get the sense that they're working for some other purpose? >> you know, there's been so many promises made to all the people in america. we've been excited so many times. the bottom line, it just doesn't feel like anybody is doing anything to help any of us. it's just feeting like we're hitting a brick wall. >> ed, if you look at your report, is that feeling, is that sense, even if you don't know why or where it is, does the data back up that feeling? >> at the moment it does. it has done -- and this is what's troubling, really for 30 years or more. turning this around is ...