Detailed text transcripts for TV channel - MSNBC - 20101230:21:01:00
Recession, the top 1% of households took home almost a quarter of the nation's total income. almost triple what it was 30 years ago and the widest income gap since the great depression. and what the average american isn't earning, they don't hold in investments either. look at this pie chart. the top 10% of the country owns more than 90% of america's stocks and bonds. the bottom half held only half a percent as of 2007. some say these trends are disaster for democracy, but others say this growing gap between the rich and the rest is the natural outgrowth of a market economy that lifts living s...
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