Bernie Sanders On Income Inequality, Or The Robin Hood Principle In Reverse


Since 1985 the share of our nation’s wealth owned by the bottom 90% has plummeted from 36% to 23%. This means that if the bottom 90%–the vast majority of our people–had simply maintained the same share of wealth they had 30 years ago they would have over $10 trillion more today than they in fact do have. Now where did that wealth go? Well, about $8 trillion of it has gone to a tiny tiny sliver of the wealthiest people in our country. Over the past 30 years, the top one-tenth-of-1%, not 1%, one-tenth-of-1% has seen its share of our nation’s wealth more than double from 10% in 1985 to 22% in 2015. The very very rich are getting incredibly richer, the middle class is disappearing, and the poor are getting poorer. That is the tragic reality of our economy today.
Bernie Sanders

bernie sticker

(click banner to contribute to the Political Revolution)

B E R N I E S A N D E R S . C O M

January 13, 2016 2:34 pm

Older Conceptions »
::the open end:: Copyright © 2016 All Rights Reserved.