Bernie Sanders: “Today, the top 1% owns more wealth than the bottom 93%.”

“Meanwhile, the billionaire class, the people on top, have never, ever had, had it so good. Today, the top 1% owns more wealth than the bottom 93%. And one man, Mr. Musk, owns more wealth than the bottom 53% of American households. How crazy is that? We are moving in the wrong direction because we have a corrupt campaign finance system.” (00:54–00:59)

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.