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Bernie Sanders: “There has been a $79 trillion transfer of wealth from the…”

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

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Billionaire Tax Now (A Special Rebroadcast at 8PM ET)

Published | Video Starts at 08:46

And I want to tell you something else, because it's not just a new phenomenon under Trump. Over the last couple years, over the last 50 years, there has been a $79 trillion … There has been a $79 trillion transfer of wealth from the bottom 90% to the top 1% [over the last 50 years]. … massive increases in worker productivity, every worker in this room is far more productive than somebody 50 years ago because you have the equipment and the technology to be more productive. (08:46–08:57)

CLAIM

Asserts a $79 trillion wealth transfer from the bottom 90% to the top 1% over 50 years.

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