The top 1% in our country now own more wealth than the bottom 90%. CEOs make 300 times more than their average worker. And unbelievably real inflation accounted for wages Today, The average American worker, despite a massive increase in worker productivity, is lower today than it was 52 years ago. And during that period, there was a $75 trillion transfer of wealth that went from the bottom 90% to the top 1%. That is the reality of the American economy today. (14:15–14:34)
CLAIM
Asserts that the real wages of the average American worker are lower than 52 years ago.
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