Bernie Sanders: “The major reason the working class has declined in the last 50 years has to do with the greed of the people on top. We have seen a massive transfer of wealth over the last 50 years from the bottom 90% to the top 1%. Today you’ve got one guy, Mr. Musk, owning more wealth than the bottom 53% of American households. Our whole economic policy in the last 50 years has been to make the very rich richer and leave working class families behind”

Oct 18, 2026 · 6:29 PM UTC

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This is a lie and Bernie’s either clueless or a grifter who knows what he's doing.
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Says Bernie, with his 3 homes and net worth! Isn't up to congress to change the tax laws? He doesn't seem to have a problem with the people that defraud the government though!
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The truth is this man talks about socialism and fills his bank account up. This is a Democratic Party nothing but frauds and thief.
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One guy owning more than 53% of households is totally normal—he’s just working 160 million times harder than everyone else every single day.
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Will the new generation of democrats ever change that significantly ?
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His proper title is "Millionaire Senator Sanders". Owns 3 huge houses. Galivants around in a private jet demanding everybody ride a bicycle to work to save the planet.
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FFS Bernie Still on the ‘ make the weak strong by making the strong weak’ GRIFT?
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Bernie is not complicated. It’s a Democrat policies that hurt the working class.. You’re working classes, unions and unions create mediocrity The real working class or individuals that go beyond an eight hour day and create stuff and create companies
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You mean due to greedy people like @BernieSanders who never worked a day in his life but became a millionaire while sitting in government for 40 yrs riding off the backs of taxpayers?
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The major reason is the government thinking it can solve everything with regulations thus driving up costs which are than passed onto working people.
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Don’t trust somebody who is richer than you
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Nonsense. We have made progress, so the working class has changed. More people use their brains; fewer use their muscles at work. Also, people like Bernie Sanders want the government to do everything. The more the government does, the richer billionaires become.
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There is a certain conservation of money when some get rich without producing anything. Someone's gotta give.
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BS on top. It’s the politicians that allowed companies to leave and get paid off.
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The working class has declined because they lack skills.
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Disproportionate growth and a lot of dissatisfied people.
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Wealth is the value of what you own — such as property, shares, businesses, and savings — minus what you owe.
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People who own assets get wealthier in relation to the USD as it loses value. People who work for, spend and save USDs get poorer in relation to assets as the USD loses value. That’s just common sense.
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COMMUNIST SANDERS,THE REASON PEOPLE BECOME MILLIONAIRES AND BILLIONAIRES,IS BECAUSE THEY HAVE PRODUCTS FOR SALE THAT PEOPLE WANT TO BUY,THEY ARE NOT POLITICIANS THAT MAKE THEIR MONEY THROUGH POLITICS,HOW DID YOU ACCUMULATE YOURS,WHAT DID YOU HAVE FOR SALE?
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Interesting how Bernie targets Elon, who’s only been a thing since about 2000 but neglects to mention the TRUE Oligarchy names of Rothschild, Rockefeller and Morgan, who’ve been calling the shots for over a century.
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Maybe the Democratic Party wanted to be buddies with the world and allowed rich guys to place manufacturing overseas where they could exploit low cost labor in return for campaign contributions. I can remember something about Al Gore, Democratic Presidential Candidate, having to give back contributions routed by the Chinese Communist Party through Buddhist temples in Southern California at a time when American businesses were relocating to China. American workers be damned!
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The wealth transfer has been from the productive to the parasitic political class and the plutocratic elite who sponsor them.
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It’s the same failure in all western democracies. The US has the largest discrepancy of wealth. The rest followed the same path with more social safety nets. Authoritarians rise when capitalism fails the majority. But the blame is placed on the “others”. It’s the same distraction
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sending more money to Bernie and his pals won't fix anything.
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Reagan started it and those of us who were stupidly fawning over Papa Reagan knew what he was up to.
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I agree however I would list all the billionaire in that list including Democrats donors.
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Bernie Sanders deserves to BURN!!!
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Why is Loudon county, about 30 miles northwest of Washington, D.C., the wealthiest county in the country?
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Wealth inequality is real, but it is not the whole story. Globalization, automation, technological change, declining union membership, education gaps, housing costs, and decades of policy decisions have all played a role.
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Total household net worth has grown dramatically (to about $196 trillion by Q2 2026). Absolute wealth for most groups has therefore increased even as shares shifted. Describing this as a pure “massive transfer of wealth from the bottom 90% to the top 1%” is misleading: it implies a zero-sum process in which gains at the top came only by taking from the bottom. In reality, the overall pie expanded substantially through productivity, capital gains (especially equities), and economic growth. Relative shares changed, but that is not the same as a direct extraction. Elon Musk vs. the bottom 53% Musk’s net worth has fluctuated in the high hundreds of billions to briefly over $1 trillion in 2026 (driven largely by SpaceX and Tesla stakes). The bottom 50% of households hold on the order of $4–4.5 trillion in aggregate net worth. Musk’s fortune is large relative to the bottom half’s total holdings (roughly 20–25% in recent estimates), but it is not larger than the bottom 53% of American households. Claims of “more than the bottom 53%” appear exaggerated relative to Federal Reserve distributional data and recent billionaire-list valuations. Working-class outcomes and wages “Declined” is imprecise. Real (inflation-adjusted) median wages have risen over the past 40–50 years (on the order of ~25–30% cumulative since the late 1970s in some series), though growth has been uneven, slower than overall productivity growth for much of the period, and weaker for some lower-skilled or certain male workers. Gains have been stronger for higher-skilled workers. Absolute living standards for the typical household have improved in many measurable ways (consumption, technology, longevity, variety of goods), even if relative position versus the top has deteriorated and wage growth lagged productivity for stretches. Causes: “greed” vs. other factors Attributing the main driver to “the greed of the people on top” is an interpretive claim, not an established causal finding. Mainstream economic research points primarily to: • Skill-biased technological change and automation (raising returns to education and high-skill labor while reducing demand for routine tasks). • Globalization and trade (especially affecting some manufacturing and lower-skill work). • Rising returns to capital and successful firms/entrepreneurs. • Changes in labor-market institutions (declining unionization in the private sector, etc.). • Education and skill premiums.
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While Bernie rightly highlights working-class struggles, political accountability matters too. After 30+ years in Congress and leading major Senate committees, why let these conditions deteriorate? "
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Wealth is not the same as income — and confusing the two can distort the economic debate. Income is the money you earn over time from wages, salaries, business profits, or investments.
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Uncle Bernie is correct to be concerned with insane inflation, spiking CPI , hellish cost of living and shrinking of wallets due to incompetent policies, 100%
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