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Detailed text transcripts for TV channel - MSNBC - 20130913:10:12:00

the second bar from the right during this recovery when the economy has been getting better 95% of every additional dollar earned in this country went to the top 1%. 5% went to the other 99%. 32% went to the top .01%, that s 35,000 americans got 32% of all the income gains in the economy. what you see in this chart the green bars are recoveries, the chinn recovery during the 90s, the bush recovery during the 2000s and now the most recent one. in each recovery the percent going to the wealthiest has gone up. how and why is this happening? a series of complicated questions. a lot has to do with globalization, the top 1% has the skills that allow them to compete in the modern world. the people at the bottom being pushed down by global forces cutting wages. a lot of it is financial

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