Detailed text transcripts for TV channel - MSNBC - 20120605:20:29:00
What is going on here and what can we do about it? >> well, for 30 years incomes have been growing more unequal and that's a reversal of what we experienced in the united states from 1934 to 1979. a long period when incomes were growing more equal or at least were remaining stable with respect to one another. that included the great depression and world war ii but it also included the fantastic post-war economy where we saw more prosp see today. that trend reversed itself after 1979, incomes started growing more unequal. and really, you've got two trends happening at the same time. one is a sk...