Vermont Senator Bernie Sanders took aim at billionaires and CEOs in a floor speech on Wednesday.
“What I want to point out this afternoon is that while the vast majority of people in our country are hurting emotionally, they’re hurting economically, these are not difficult times for everybody,” Sanders said.
He said that for billionaires and CEOS of large corporations, “these times have not been bad — they in fact have been very, very good.”
Bernie Sanders (@SenSanders) February 16, 2022
An oligarchy is a form of government in which a small group of people hold the power.
In 2021 alone, American billionaires added $1 trillion to their wealth, according to an analysis from the left-leaning Americans for Tax Fairness (ATF). In 2020, CEOs got paid 351 times what typical workers made, according to research from the left-leaning Economic Policy Institute.
“Maybe the time is approaching that we should offer a unanimous resolution congratulating the billionaire class for their enormous success in moving this country into the oligarchic form of society that they have long desired”
Bernie Sanders