And it's important to understand that as bad as the situation is now, it has been going on for decades, according to the Rand Corporation, not exactly a socialist operation. Over the last 50 years, there has been a $79 trillion redistribution of wealth from the bottom 90% to the top 1%. But it's not just income and wealth inequality. It's not just the fact that so few have so much wealth in so many people have so little. (07:58–08:14)
CLAIM
Asserts a $79 trillion wealth redistribution 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.
