joining me now, jared bernstein and angela rod.g here. >> thank you. >> how could anybody think it's easy to be poor? >> it's ironic. they have been calling hillary clinton out of touch all week. it's not just one bad comment. it's a series of bad policy reck are men days agos and ideas from the party. they had a growth and opportunity report last year. the one thing they have failed to address not only in the report but anything happening since that report is opportunity. the reason why people are poor, rev, is for a lack of opportunity. there is no rising tide that lifts all boats when you don't have a boat. there is no ability to get ahead when for some folks who live in republican districts, an overwhelming majority of people are voting interest with lifeboat money. they have to find another way to address policies for people that have been under served and are low income. >> president obama also talked today about how republicans are keeping the economic system rigged. >> so far this year in congress republicans have blocked o

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joining me are heather mcghee and jared bernstein and former economic adviser to vice president joe bideno start with you. we talk about the potential negative consequences of inequality in the u.s., some of which i think are already manifest manifested. in brazil it's much clearer, though. how has really dramatic inequality undermined their social fabric and political institutions. >> well, the first word that comes to mind is social and economic mobility. one of the problems we have when we're talking about inequality, i've been dealing with this issue for decades. what i used to do is put up a slide and say, look, there's a lot of inequality and people might say, oh, that's discomforting. what we're trying to do now, what research is moving towards, is trying to look at precisely what your question is getting at. what are some of the implications? what are some of the societal problems? one of the most important is that when levels of inequality become too high, become so excessive, and brazil is an excellent example, the ability of people to move out of the bottom and into the middle