one for example he says the rich automatically get richer, and that is so much blowny. there are so many examples. he uses the forbes 100 richest list. those are changing constantly. >> basic compounding interests, if you have a lot of wealth, instead you spend a lot of it. john: why is that a problem? >> part of it is the legitimacy of capitalism. if capitalism is not generating. the reason people like capitalism is liberty, libertarian but the best system we have for generating broadly shared prosperity. if that is becoming less true going forward. if we see much more income going to capital owners, superman class that captures a huge amount of innovation in our society. >> but you're not focusing on the average worker who is having difficulty finding a job and so forth. and the reason is because you have these redistribution schemes that are taking all this money and giving it to the poor and creating a dependent class of fourth generation welfare recipients. this is a travesty in america. john: why is it a problem if the top 1% are filthy rich. income is up, this gr