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Bernie Sanders: “According to the Rand Corporation, there has been a 50…”

Featuring: Bernie Sanders, Independent | U.S. Senate, Vermont

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Bernie Sanders Interview Lex Fridman Podcast #450

Published | Video Starts at 27:54

So you would think that if a worker is producing a lot more, that worker would be better off, would be working lesser hours, et cetera. That hasn't been the case. And what has happened in that 50 years is According to the Rand Corporation, there has been a 50 trillion, trillion with a T redistribution of wealth from the bottom 90% to the top 1%. So you have CEOs today making 300 times more than their workers. You got three people on top owning more wealth than the bottom half of American society. (27:54–28:06)

CLAIM

Asserts that $50 trillion has been redistributed from the bottom 90% to the top 1% over 50 years.

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