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Monastery. seattle is actually doing something about the big inequality problem. as of yesterday, fares of public transportation are based on household income. it is expected to effect up to 100,000 low-income workers. it is seattle's latest effort to combat poverty. the city council voted to increase the minimum wage to $15 an hour the highest in the country. in bellevue washington, however bill gates is once again the richest man in the world. the philanthropist is worth a reported $79.5 billion. in other words bill gates will probably be paying a lot of money for a bus fare. that is all f...

One of the republican party's most deeply held beliefs is that the big, bad government must be stopped from intervening in the free market, from picking winners and losers and crushing entrepreneurs. so why is the head of the republican governors association using the heavy hand of the state to strangle free enterprise? >> we don't have an income inequality problem. we have an opportunity unequ inequality problem in this country. government is trying to control the private market. >> republican chris christie. governor of new jersey. potential presidential hopeful. and despite some of his curr...

Education at all levels. none of this can happen by presidential decree. he needs congress. >> so a couple points on this. first, i think we all kind of agree on what the solutions are. i'm not quite as optimistic as zanny about the idea that even if we all agree on social mobility, that we would then all agree on what the solutions are. i think i would say what chrystia said slightly differently in that i think the income inequality would be more tolerable if wages were going up for everybody else, but they're not. getting back to your question that's really the important point, that nothing ...

Agree on what solutions are. i'm not quite as optimistic as zanny about the idea that even if we all agree on social meeblts we would then all agree on what the solutions are. i think i would say what chrystia said slightly differently in that i think the income inequality would be more tolerable if wages were going up for everybody else but they're not. getting back to your question that's really the important point, that nothing is happening in washington. there's total gridlock. congress isn't doing anything. everything that we've all mentioned as solutions would cost money and republicans ...

Administration is having myriad troubles. the president's approval numbers are low. why would republicans provide a target at this point? >> first of all, i think there is a hole within the republican party that is exactly the size and the shape of a conservative reform agenda. there's a natural tension that exists between a party's base and its elected political leadership. that's where this gulf comes in. this hole that's the size and shape of a conservative reform agenda, this is how we repeal, show that the inequality problem that the president keeps harping on is really the product of an ...