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Bernie Sanders: “There has been a $50 trillion transfer of wealth from the…”

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

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"And you wonder why people in this country are angry?" Bernie Sanders discusses wealth gap

Published | Video Starts at 00:41

It was a study done by the RAND Corporation, kind of conservative think tank. And what they looked at in terms of income and wealth inequality is that over that same 50 year period, There has been a $50 trillion transfer of wealth from the bottom 90% to the top 1%. Now, 50 trillion is an unfathomable number. What the hell does that mean? You know, it's beyond anyone's comprehension. (00:41–00:51)

CLAIM

Asserts that $50 trillion has shifted 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.


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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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