whether one is a progressive, a Democrat, a conservative, a Republican, or somewhere in between, there is a deep understanding in this country that we are living in a rigged economy, and people are increasingly angry and frustrated about the growing inequality and unfairness they see all about them. It is hard to believe, but in the United States of America today, the top one-tenth of 1 percent now owns almost as much wealth as the bottom 90 percent--one-tenth of 1 percent, bottom 90 percent. A study came out fairly recently indicating that in the United States of America today, the three wealthiest people in our country--Bill Gates, Jeff Bezos, and Warren Buffett--now own more wealth than the bottom half of the American people. Three people own more wealth than the bottom half of the American people. Meanwhile, while the very, very rich get richer, some 40 million Americans are living in poverty. These are people who are struggling today to figure out how they put food on the table for their kids, how they put gas in the car in order to go to work, how they pay their electric bills, how they deal with childcare. There are 40 million people living in poverty. The middle class is disappearing. People are working two or three jobs. For the first time in the modern history of this country, young people may well have a standard of living lower than their parents'.…
On the recordNovember 8, 2017
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