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'Obscene,' Says Sanders After CBO Reports Richest 1% Now Owns Over 1/3 of US Wealth
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2022-09-29 at 12:34 AM UTChttps://www.commondreams.org/news/2022/09/28/obscene-says-sanders-after-cbo-reports-richest-1-now-owns-over-13-us-wealth
The nonpartisan Congressional Budget Office (CBO) on Tuesday published Trends in the Distribution of Family Wealth, 1989 to 2019, a report revealing that while the total real wealth of U.S. families tripled over those 30 years, the growth was dramatically unequal.
"Families in the top 10% and in the top 1% of the distribution, in particular, saw their share of total wealth rise over the period," the report notes. "In 2019, families in the top 10% of the distribution held 72% of total wealth, and families in the top 1% of the distribution held more than one-third; families in the bottom half of the distribution held only 2% of total wealth."
In a statement, Sanders (I-Vt.) said that "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," the two-time Democratic presidential candidate argued. -
2022-09-29 at 12:37 AM UTCSo whats the solution then faget
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2022-09-29 at 12:51 AM UTC
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2022-09-29 at 12:56 AM UTCI think we should do more stimulus checks
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2022-09-29 at 1:09 AM UTC*nose checks
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2022-09-29 at 1:12 AM UTCWasn't the first one 1800 that was so gang I'll never forget how excited I was
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2022-09-29 at 1:21 AM UTC
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2022-09-29 at 1:22 AM UTChttps://www.news10.com/news/coronavirus/sanders-gillibrand-warren-pushing-for-4th-stimulus-check/
Sanders, Gillibrand, Warren want 4th stimulus check
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2022-09-29 at 1:40 AM UTConce the government told me that in emergencies they can just print money and say fuck it i was like ooookay i have issues too c'mon with it
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2022-09-29 at 1:44 AM UTC
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2022-09-29 at 2:07 AM UTCexactly, what do yout hink is more important to me any other political issue or everyone getting 2,000$
