Detailed text transcripts for TV channel - MSNBC - 20120502:08:37:00
The average rich one, like this. this chart was included in a report by congress. we've added red circles to make it easier to see on tv. the distance between rich and poor in this country goes way up around the wall street crash of 1929 and the distance between rich and poor goes up around the end of the bush administration. correlated with depression. huge growth in the gap between rich and poor. income and equality. why is this so? why do you have spikes? we're going to ask paul krugman that in a moment. first, one more idea to put on the table. it turns out that as income inequality has go...