Today in our country, we have more income and wealth inequality than we've ever had before. You remember the Gilded Age? According to the Rand Corporation...over the last 50 years, there has been a 79 trillion dollar redistribution of wealth from the bottom 90% to the top 1%. You got one man, Elon Musk, who now owns. Listen to this. More wealth than the bottom 53% of American households combined. CEO's of large, profitable corporations now earn 350 times more than the average work. (05:34–05:44)
CLAIM
Asserts a $79 trillion wealth shift from the bottom 90% to the top 1% over 50 years.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
