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Detailed text transcripts for TV channel - MSNBC - 20120428:12:17:00

People. on the other hand, you re looking at problems in public institutions, right? you re looking at rising costs there, you re looking at students going into debt. right now, in this country, believe it or not, if you re born in the bottom 5th of socioeconomics, you only have a 5% chance of earning over $60,000 a year. and your access is through public higher education system. and part of that is the college wage. there s a huge difference. and this data shows this. that s high school diploma a little north of 30,0000 and that s a bachelor s degree. number one, if you have a college degree, your likelihood of being unemployed goes down significantly. so that s the purchase for you know, neither of my parents went to college. i get to college on a collection of things including the g.i. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20111027:03:08:00

Internet, all of these things. they make very few people very valuable, and this is not getting across. the economics of capitalism have changed with the technology that makes success so pervasive. i agree with that, butt there s a very important pointlo that s lost in this.th they divide the country into thl top fifth, middle, middle, middle, bottom fifth.te the middle groups say the top 5th has gotten richer and the bottom 5th has stayed the same, but it s a new bottom fifth. they did a study in 1990 where they took the people in the w bottom fifth and said where were they 10 years later. only 16% of them were still in the bottom fifth. 18% were in the top fifth. capitalism gives people the opportunity. the poor are getting poorer,o but they re the new poor. i is this going to be a ....

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