I can't help but think this guy knows what he's protecting and/or excluding in his position. He's being paid by the very entities who help to perpetuate the world's current economic state. I'm a bit disappointed that Mr. Moyers didn't ask about proposals beyond earned income tax credits. He mentioned several times that he had multiple ideas, I would have liked to hear them. But let's not forget that some companies are paying a living wage and still producing record profits, which flies in the face of his position that employers like Wal Mart can't make a profit and pay a living wage. That is preposterous and has been debunked myriad times.
In a perfect world, a reasonable mind understands that the government is us, and government regulation simply reflects a marketplace The People choose. Government is necessary because the desire of the desperately poor to buy the cheapest product (many times to their own demise, a la Wal Mart and other self-absorbed criminals) will trump doing the right thing almost every time.
Notice I said "in a perfect world", because in its current state, the government has become an inefficient, corrupt entity, beholden to those who fund re-election campaigns, and who can afford to grease palms in return for face time. It's evident in the lack of response to the financial meltdown of 2008. Reform has been lukewarm. The rules have changed some, but not enough to prevent greed from toppling the market again and again. Bailouts were offered with no strings attached. Common sense has taken its leave in the Capital, and the everyman is too busy worrying about his next meal to pay attention or understand.
So that is where we are. The right hates government because it traditionally places limits on rampant greed in favor of the good of The Many. The left hates government because it is failing in those duties right now, and to expect representatives to vote themselves less power, money, or influence, is like asking Albert Pujols to get base hits instead of home runs. Home runs are fun and fire up the fans, but base hits win the game.