people in this country, occurred in president obama's first term when he got that 8 -- according to reachers at uc berkeley, as liberal an academic institution as there is, between 2009 and 2012, the top 1% in this country captured 95% of the income gains that we saw in the first three years of the recovery. if you compare that with the clinton era, the 1990s, back then -- so why is -- >> does uc berkeley say why the fat cats are getting all the money? >> this is structural, the president hasn't helped a and his stimulus package clearly didn't help. but this has to do with long-term economic demographic and cultural changes in this country. and you did allude to some of those things, the dumbing down of america. >> some academics say, because of the explosion of high-tech, if you have a profitable brand, you now reach people 1,000 times faster than you used to. because of the internet and the lightning fast society that we live. and therefore the people who are established with good products and brands, boom, their income explodes, whereas the working people don't have that advantage. wrap i