Bill Radke talks to Seattle multi-millionaire investor Nick Hanauer (that's right, he's not a billionaire, just has "hundreds of millions") about a warning to his fellow "plutocrats" and why he thinks economic policies aimed at saving the middle class will save rich people everywhere.
It was the state’s worst industrial accident in nearly 50 years.
On a chilly April night in 2010, a giant fireball lit up the sky above Anacortes, Washington. A southeast wind pushed a plume of black smoke toward the heart of this seaside town an hour north of Seattle.
We tend to think of income groups such as the "top 1 percent" as being relatively stable collectives, particularly in nations like the U.S. that, despite popular rhetoric, enjoy rather low levels of social mobility.
But the truth is more complicated, and more volatile. The average American's chances of attaining the American dream, at least in terms of a high income, are greater than you might think, but so are the odds of waking up from that dream.