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Bernie Sanders: “CEOs of large corporations now earn 350 times more than…”

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

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Bernie Sanders Advocates for Workers' Rights and Pension Reform in Senate Hearing

Published | Video Starts at 00:23

We have a situation where the top 1% owns more wealth than the bottom 93%. CEOs of large corporations now earn 350 times more than their average workers. According to the RAND Corporation, not a socialist operation. Over the past 50 years, $79 trillion in wealth has been redistributed from the bottom 90% to the top 1%. (00:23–00:33)

CLAIM

Asserts that the pay ratio between CEOs and average workers is 350:1.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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