Detailed text transcripts for TV channel - MSNBC - 20130830:05:44:00
Fairly radical theory, and in some circles, this seems a fairly radical theory, and especially in a town like new york city where the discrepancy between rich and pour is so dramatic. the new york comptroller office used 2009 as a snap shot. the top 1% nationally earned 16% of the country's income. in new york, the top 1% earned 32.5% of new york city's total income. that is a dramatic, dramatic divide. >> well, alex, we have the worst income disparity in the city that we have had since 1929, on the verge of the depression. it is not an acceptable state of affairs, i talk about the tale of two...