A Quote by Bernie Sanders
It's immoral and wrong that the top 1 percent of the USA owns almost as much wealth as the bottom 90 percent. We should look at countries like Denmark and Sweden and Norway and look at what they've accomplished for their working people.
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What democratic socialism is about is saying that it is immoral and wrong that the top one-tenth of 1 percent in this country own almost 90 percent - almost - own almost as much wealth as the bottom 90 percent. That it is wrong, today, in a rigged economy, that 57 percent of all new income is going to the top 1 percent. That when you look around the world, you see every other major country providing health care to all people as a right, except the United States.
This is what oligarchy looks like: Today, the top one-tenth of 1 percent owns almost as much wealth as the bottom 90 percent. The top one-hundredth of 1 percent makes more than 40 percent of all campaign contributions. The billionaire class owns the political system and reaps the benefits from it.
I think we should look to countries like Denmark, like Sweden and Norway, and learn from what they have accomplished for their working people.
This is a very important issue that the corporate media chooses not to talk about a whole lot, that we have an economic system which is rigged, which means that at the same time as the middle class of this country is disappearing, almost all of the new income and wealth in America is going to the top 1 percent. You have the top one-tenth of 1 percent owning almost as much wealth as the bottom 90 percent - 58 percent of all new income is going to the top 1 percent.
By 2015, the top 1 percent of families took home more than 20 percent of income. Wealth distribution was 10 times worse than that: the families in the top 1 percent owned as much as the families in the bottom 90 percent.
The financial wealth of the top 1 percent of households in the U.S. exceeds the combined wealth of the bottom 95 percent.
Between 2013 and 2015, the wealthiest 14 people saw their wealth increase by $157 billion. This is their wealth increase, got it? Not what they are worth. Increase. That $157 billion is more wealth than is owned by the bottom 40 percent of the American people. One family, the Walton family, owns more wealth than the bottom 40 percent.
We can't have close to 90 percent of those prenatally diagnosed with an intellectual disability being aborted; 90 percent not going to school; more than 90 percent reporting discrimination in the healthcare system; and 90 percent unemployed, and tell ourselves that we're doing a good job. The obstacles to leading a full life for the vast majority of people with intellectual disabilities are far beyond what they should be, and far beyond what we should tolerate. So yeah, I want change.
I think one big reason why Sweden might have a good reputation around the world is that if you look at Norway or Denmark or Finland, any of the Scandinavian countries, they all seem less interested in being a part of the larger world, where Sweden has always tried to reach out, whether it's with Volvos, Saabs, H&Ms, music, clothes.
According to USA Today, 74 percent of Americans plan to hand out candy this Halloween. Although President Obama thinks it should be just the top 1 percent.
Today, the top one-tenth of 1% owns nearly as much wealth as the bottom 90%. The economic game is rigged, and this level of inequality is unsustainable. We need an economy that works for all, not just the powerful.
I've heard people say putting is 50 percent technique and 50 percent mental. I really believe it is 50 percent technique and 90 percent positive thinking, see, but that adds up to 140 percent, which is why nobody is 100 percent sure how to putt.
Interesting statistic: In every economic recovery until 1982, working people captured more than 80 percent of the value of the recovery. Since 1982, the top 10 percent has captured 90 percent of the value of the economic recovery.
This 90/10 rule holds true in almost anything financial. Take the game of golf, for example. Ten percent of the professional golfers make 90 percent of the money.
People assume Wall Street is a certain culture and tech is a certain culture. But if you look at the (gender) numbers at the top of (those) industries, they don't vary very much. I think in finance, women hold 19 percent of the top jobs, and women are 21 percent of the leaders in nonprofits.
The bottom quarter of the human population has only three-quarters of one percent of global household income, about one thirty-second of the average income in the world, whereas the people in the top five percent have nine times the average income. So the ratio between the averages in the top five percent and the bottom quarter is somewhere around 300 to one - a huge inequality that also gives you a sense of how easily poverty could be avoided.
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