Bernie Sanders says 99 percent of 'new' income is going to top 1 percent (By Politifact)

[think]

Bernie Sanders says 99 percent of 'new' income is going to top 1 percent

By Katie Sanders on Sunday, April 19th, 2015 at 6:55 p.m.

~Snip~

Sanders, who has said he is considering a 2016 presidential run and caucuses with Democrats, made a striking point about the country’s income inequality over the last 40 years in an April 19 interview on Fox News Sunday.

"What we're seeing, Chris, right now is that for 40 years, the American middle class has been disappearing. Millions of people are working longer hours for lower wages despite a huge increase in technology and productivity," Sanders said. "And what we have seen during that period is a massive transfer of trillions of dollars from the middle class to the top one-tenth of 1 percent of America — massive wealth and income inequality, where you have 99 percent of all new income today going to the top 1 percent."

~Snip~

The average income for the richest 1 percent of Americans, excluding capital gains, rose from $871,100 in 2009 to $968,000 from 2012-13, he wrote. The 99 percent, on the other hand, experienced a drop in average incomes from $44,000 to $43,900, Wolfers said. The calculation excludes government benefits in the form of Social Security, welfare, tax credits, food stamps and so on.

"That is, so far all of the gains of the recovery have gone to the top 1 percent," Wolfers wrote for the New York Times post.

http://www.politifact.com/truth-o-meter/statements/2015/apr/19/bernie-s/bernie-sanders-says-99-percent-new-income-going-to/

[Cosmic Kitten]

1. Berine Sanders is a Peoples Champion

[think]

4. Indeed. Bernie's take on the issues is unrivaled for championing the cause for the American people

If Democrats truly want a progressive Bernie Sanders has been there for them and will be going forward.

https://berniesanders.com/issues/

One of the biggest points that stands our for me is that Sanders voted against the Iraq war. The Iraq war was a complete sham and those that voted for it did a huge disservice to America and the world.

[donnasgirl]

11. Who in my opinion

Should be President.

[daleanime]

12. +1

[Jefferson23]

2. Highly recommend. n/t

[MissDeeds]

3. Bernie for President

How nice it would be to have someone represent the 99%.

K&R

[think]

5. It would be so awesome to have Senator Sanders as our president. Hope he announces soon

[Autumn]

6. Sounds like this man should be running for President. Nice to hear a politician

talking and giving a fuck about the 99%. Wouldn't it be lovely to have a Democrat announce their run for President and start talking like this? Bold and talking truth.

"What we're seeing, Chris, right now is that for 40 years, the American middle class has been disappearing. Millions of people are working longer hours for lower wages despite a huge increase in technology and productivity," Sanders said. "And what we have seen during that period is a massive transfer of trillions of dollars from the middle class to the top one-tenth of 1 percent of America — massive wealth and income inequality, where you have 99 percent of all new income today going to the top 1 percent."

I would work my ass off and vote for a Democratic candidate like that. But I'll do it for Bernie.

[think]

9. He will have my support. If we elected presidents based on issues he'd win hands down /nt

[donnasgirl]

14. +1

[appalachiablue]

7. K & R !!!! Very, very important

[L0oniX]

8. Someone please hurry and tell Hillary about this...

so she can add it to her campaign blather.

[Jackpine Radical]

10. Maybe some PR guy at Goldman could script a little text for her

about the bonanza waiting for the 99% when all that wealth trickles down under her Presidency.

[donnasgirl]

13. Jackpine

For the very reason you state is why I choose to back the poorest among us, I am sick of the millionaires and billionaires telling us what we can and can not do.

[Jackpine Radical]

16. Wasn't it Anatole France?

"Behind every great fortune lies a great crime."

[donnasgirl]

17. Absolutely

[L0oniX]

18. --->"Behind every great fortune lies a great crime."<---

K & R

[polichick]

15. k&r