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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAfter Sanders points out poorest have zero or negative wealth, WaPo fact checker slammed for calling
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Published 33 mins ago
on July 1, 2019
By Common Dreams
Critics of massive wealth inequality in the United States defended a statistic frequently cited by 2020 presidential candidate Sen. Bernie Sanders on Monday after Glenn Kessler, author of the Washington Posts Fact Checker column, claimed the fact that the bottom half of the country has zero or negative wealth was not especially meaningful.
The statistic in question was brought up most recently by Sanders during the Democratic primary debate last week:
We have three people in this country owning more wealth than the bottom half of America, Sanders said.
The statement, Kessler said, is factually truebut he rejected Sanderss suggestion that the inequality evidenced by the fact means that a major correction to the U.S. economy is required.
This snappy talking point is based on numbers that add up, but its also a question of comparing apples to oranges, Kessler wrote. But people in the bottom half have essentially no wealth, as debts cancel out whatever assets they might have. So the comparison is not especially meaningful.
https://www.rawstory.com/2019/07/after-sanders-points-out-poorest-have-zero-or-negative-wealth-wapo-fact-checker-slammed-for-calling-that-fact-not-especially-meaningful/
Said by a person who's owner paid zero in taxes and made millions in profit, to pay his salary...........................
shanny
(6,709 posts)alwaysinasnit
(5,075 posts)are owned/controlled by the economic elite.
JudyM
(29,293 posts)Your post was alerted on for being in GD though its about the primaries, which the admins want to be confined to the DP forum. Please feel free to repost it there.