Political Quotes

“I did wear a helmet, and I don't recall any concussions. The bottom 90 percent of our population has seen an income growth-- this is adjusted for inflation--of $59 over this period, 1966 to 2011. That's some 55 years. Basically, 90 percent of the population has stalled out and is not able to climb the ladder. That's about 1 inch. I guess that's even a referee's error if they pull the chains out. The top 10 percent of the population has gone half the football field, and they've seen their income growth expand by $116,071 over this same period of time. So 90 percent of the population has seen $59 in growth, and the top 10 percent have seen a little over $110,000. The 1 percent of the population, the very tip-top--these are not the 3 percenters. This is the 1 percent. They have gone 2\1/2\ football fields in comparison, and they've seen their income grow at over a half-million dollars a year, $628,817. {time} 2020 Now, even a smaller group, one-tenth of 1 percent of the American population, have seen their income grow by 72 football fields compared to the bottom 90 percent. They have seen their annual income grow by $18 million a year. So what's happening here in the United States--and I talked about it earlier before you arrived--and maybe this is a reasonable place to leave it because we are going to run out of time. This is not class warfare. This is economic reality. This is where the middle class and the lower income poverty class have been static.…”