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Beto O'Rourke: “In the last five decades, $50 trillion with a T has moved…”

Featuring: Beto O'Rourke, Democratic | Former Candidate, Governor of Texas

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Published | Video Starts at 01:16

That is not something that exists today. That is something that we can fight for. But we have no hope of a political democracy if we can also create an economic one. In the last five decades, $50 trillion with a T has moved from lower and middle income Americans to the very wealthiest people in this country. And it is continuing apace right now. I mentioned 1 trillion just is flowing right now from all of us in this room to the wealthiest 1% in this country. (01:16–01:30)

CLAIM

Asserts that $50 trillion has shifted from lower and middle-income Americans to the wealthiest over five decades.

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.

Beto O'Rourke

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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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