Even as the unemployment rate drops, the ranks of the working poor are rising. In 2011, 32 percent of working families made $46,000 or less, which wasn’t enough to cover their basic living expenses. That’s a 4 percent jump from 2007. Meanwhile, the richest 20 percent of the nation’s wealthiest working families took home nearly half of all wages. Cornel West, a prolific author and religious professor at the Union Theological Seminary joins Jennifer Granholm to discuss.