I am running for President because we live in the wealthiest nation in the history of the world but most Americans don't know that because the economy is rigged and almost all new income and wealth goes to the top 1%.  The issue of wealth and income inequality is the great moral issue of our time, it is the great economic issue of our time, it is the great political issue of our time and together we will address that issue.  Let us be very clear, in America today the top 1/10 of one percent now owns almost as much wealth as the bottom 90%.  The top 20 people in this country in wealth now own more wealth than the bottom 150 million Americans; half of our population!  We've got one family--the Walton family of Walmart--they are worth 149 billion dollars--more wealth than the bottom 40% of the American people.  And when you talk about a rigged economy, that is exactly what Walmart and the Walton family are all about.  They pay their workers wages that are so low that the American taxpayer has to pay for the food stamps and the Medicaid that many Walmart employees need because their wages are too low.   Now its little bit nuts to my mind when the middle class of this country has to subsidize the employees of the wealthiest family in this country.

Bernie Sanders, Louisville Rally May 3rd 2016

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