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Bernie Sanders: “During that same period, there was a $75 trillion transfer…”

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

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Who Owns America? Bernie Sanders Says the Quiet Part Out Loud

Published | Video Starts at 18:51

Workers are far more productive. They're producing a lot more. And yet during that entire period, despite increases in worker productivity, real inflation accountable wages are lower. Meanwhile, During that same period, there was a $75 trillion transfer of wealth that went from the bottom 90% to the top 1%. So you add all of that stuff up, it's not hard to. You know, I think people instinctively understand it. The very rich are doing phenomenally well. Massive transfer of wealth. (18:51–19:00)

CLAIM

Asserts a $75 trillion wealth transfer from the bottom 90% to the top 1% over the last 50 years.

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