OBAMA: SERVANT OF THE 1%
Richest one percent controls nearly half of global wealth
The richest one percent of the world’s population now controls 48.2 percent of global wealth, up from 46 percent last year.
The report found that the growth of global inequality has accelerated sharply since the 2008 financial crisis, as the values of financial assets have soared while wages have stagnated and declined.
time," Sanders laid out a sweeping, almost unimaginably expensive
program to transfer wealth from the richest Americans to the poor
and middle class. A $1 trillion public works program to create "13
million good-paying jobs." A $15-an-hour federal minimum wage.
"Pay equity" for women. Paid sick leave and vacation for everyone.
Higher taxes on the wealthy. Free tuition at all public colleges and
universities. A Medicare-for-all single-payer health care system.
Expanded Social Security benefits. Universal pre-K.”