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Dave McCormick: “In the last 15 years we've gone from something like 26% of…”

Featuring: Dave McCormick, Republican | U.S. Senate, Pennsylvania

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How America Wins the AI Century | Senator Dave McCormick

Published | Video Starts at 29:46

… that the, the economic benefits are likely to be reaped by an increasingly smaller group of people. And I tried to make the point in my remarks that I think In the last 15 years we've gone from something like 26% of the nation's wealth with the 1%, and now it's 31%. in the last 15 years. But during that same time, the nation's wealth tripled. So you had this enormous wealth going to the 1%. (29:46–29:55)

CLAIM

Asserts that the wealth held by the top 1% of Americans increased from 26% to 31% over 15 years.

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