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Detailed text transcripts for TV channel - MSNBC - 20110920:02:03:00

the new york times kw reporte that only 450,000 americans make $1 million or more in this country. can t they do a little bit more in republicans are furious. president obama wants shared sacrifice for millionaires and billionaires. republican wonder boy congressman paul ryan of wisconsin jumped on the president s plan on sunday. class warfare, chris, may make for really good politics, but it makes for rotten economics. we don t need a system that seeks to divide people. we don t need a system that seeks to prey on people s fear, envy and anxiety. we need a system that creates job and innovation and removes the barriers for entrepreneurs to rehire people. same old garbage. the president took direct aim at the class warfare talking point today. we re hearing the usual defenders of this loophole saying this is class warfare. i reject the idea that asking a hedge fund manage tore pay the same tax rate as a plumber or teacher is class warfare. i think it s just the right

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