, and on numerous occasions, Donald Trump has told the American people that the U.S. US "hottest economy" only applies to the wealthy Source: June Democratic Primary debate (second night in Miami) We need a party that is diverse, but we need a party that has the guts to stand up to the powerful special interests who have so much power over the economic and political life of this country. How come the worker in the middle of our economy is making no more money than he or she made 45 years ago, and that in the last 30 years, the top 1% has seen a $21 trillion increase in their wealth? Source: OnTheIssues Fact-Check on December Democratic primary debate The analysis asserts: "The three wealthiest people in the United States-Bill Gates, Jeff Bezos, and Warren Buffett-now own more wealth than the entire bottom half of theĪmerican population combined, a total of 160 million people or 63 million households." So Senator Sanders is correct that the three wealthiest individual people are wealthier than the sum of half of all of America. The summary comes from an Institute for Policy analysis, "Billionaire Bonanza 2017," based on data recently made public by theÿįorbesÿ400 list and the Federal Reserve's annual "Survey of Consumer Finances." Summary on entitled "Three Richest Americans Now Own More Wealth Than Bottom Half of US Combined." Democratic primary challenger Independent VT Senator previously Representative (VT-At-Large)įactCheck, yes, 3 top people wealthier than half of Americaīernie Sanders said during the LMU debate that "three people own more wealth than the bottom half." He has said in past venues that three individuals-not three percent of the people-are richer than 50% of all of America.
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