Detailed text transcripts for TV channel - MSNBC - 20111118:21:28:00
The richest nation on earth can afford to win it. we cannot afford to lose it. >> that was president l.b.j. nearly 50 years ago, declaring a war on poverty in america. since then we've spent billions battling it and what do we have to show for it? this week, the u.s. census reported a record number of americans, 49.1 million, to be exact, are living below the poverty line. that's the highest since recordkeeping began 35 years ago. so what are we missing here? with us today is ester duflow, the author of "poor economics." the mega panel's also here to join us. welcome to you, ester. >> thank yo...