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Quo, where colleges have all been on the same status ladder. they've all been competing for the top to be harvard. and there hasn't been room for a real discussion about exactly what you're talking about, value-added. because the value of getting into harvard is that you got into harvard, and on 5% of people get to do that. >> it's not what you learn there, it's the fact that you have this, you are an elite. >> once you get accepted, you're like mark zuckerberg, you can leave immediately and you'll be fine. >> or donate. >> or go on and on. but the point is, we need to have a conversation abou...

Rendell is right and china is, to quote him, kicking our butts, what is to blame for that, sir, a, our leaders, b, our system, or c, c, our people. are we the american people being outperformed? >> look, i think that there is some truth to what ed rendell is saying in cha china is hungry. china is hungry for the movement up the economic ladder, the movement up the status ladder, the movement to world attention. and the united states is much less so. who's responsible for it? it's a little bit of all the people you said, but the truth is, when you become rich it is more difficult to be -- to ha...