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You see where it's not just like horse races. oh, of course billionaires are always going to spend a lot of money in politics, but it ends up shaping who gets to run, who gets to win, and then what actually elected officials are doing after they get into office. >> this is useful. mark, i do think that an argument could be made, i'm not saying that i would necessarily make it, but i do think that an argument could be made, look, there's a patternism, the wealthy being that wealthy are no longer interested in gaining income. they are going to govern in a way that protects the public. i sometime...

Make steep cuts to medicaid and food stamps. according to ryan this roadmap would create a balanced budget by 2024 but i guess that depends on what you mean by what you mean by balanced. this is it. we have spent a lot of time in nerdland on it. david, nobody thinks this is going to become law. >> no. >> why does it matter? why so much coverage and why even -- this is a serious document, right? ryan's a smart guy. >> i don't think it's a serious document. one-sided math. this part of the problem is we have this intense coverage because there are people advocating for it for what amounts to let...

How many -- >> how many minimum wage workers are teenagers. mark, may i please respond? may i please speak? thank you. walmart. the biggest private employer in the country. we look at what they spend money on, right? they obviously don't spend enough in our opinion and in the opinion of many workers on labor costs. they spend $7.6 billion a year buying back their own stock in the market. we looked at what if that -- in terms of productivity, in terms of the customer experience, in terms of all of that pretty much useless practice. if that were redirected to the lowest wage workers it would giv...

>> how many economists do we have at the table? >> but economists -- >> don't pull that. >> wait a minute. that's not fair though, mark. economists do disagree, right? it's a bit -- >> it's like climb ma toll low gists. they disagree. >> economists who are -- who are real economists disagree because it does depend on what you are looking at. if you give people who make the minimum wage marginally more income, we know that they spend the income. we know that is stimulative because it gets spent. economists who read the minimum wage narrative will say it is stimulative. those who read it from th...

Than $52,000 a year. unemployment is holding steady at about 6.7%. the poverty rate is at 15% which translates to more than 46 million americans. and decisions like mccutchen versus fec make the political process of free for all for the top .01%. how could any american citizen feel like we the people includes them and their one little vote at all? at the table, heather mcghee who is the new president of think tank demos. david k. johnston a contributing editor to newsweek and author of "divided, the pearls of our growing market inequality." mark calibrio and alexis goldstein, the communication...