One man, one man, now owns more wealth, some $700 billion plus more wealth than the bottom 53% of American households. Top 1% now owns more wealth than the bottom 93%. CEOs of large, profitable corporations now earn 350 times what their average worker makes. Meanwhile, in America today, while the very rich become obscenely richer, 60% of Americans are living paycheck to paycheck, unable to afford the skyrocketing cost of housing, health care, education, child care, groceries, electricity, or other basic necessities. (18:58–19:09)
CLAIM
Asserts that CEOs earn 350 times more than their average workers.
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.
