Factz

Bernie Sanders Says The 1% Who Own 1/3 of US Wealth is ‘Obscene’

Bernie Sanders is on the warpath again, and the rich are in his sights.

The Vermont Independent Senator is known for his crusade against the ultra-rich, and a new report has him seeing red.

The Congressional Budget Office (CBO) released a new report Tuesday that showed that the top 1% of Americans own over 1/3 of the wealth of the country.

Sanders blasted the inequity, saying in a statement, “This report confirms what we already know: the very rich are getting much, much richer while the middle class is falling further and further behind and being forced to take on outrageous levels of debt. The obscene level of income and wealth inequality in America is a profoundly moral issue that we cannot continue to ignore or sweep under the rug.”

Sanders, who openly calls himself a democratic socialist (which supports a variety of socialism founded on a democratic base), added, “a society cannot sustain itself when so few have so much while so many have so little. In the richest country on Earth, the time is long overdue for us to create a government and an economy that works for all of us, not just the 1%.”



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