Connect with us

Hi, what are you looking for?

Jewish Business News

Politics

Did Bernie Sanders Exaggerate Income Inequality Claims?


Bernie Sanders

Vermont Sen. Bernie Sanders claims that “in America we now have more income and wealth inequality than any other major country on earth.”

But FactCheck.org calls BS on this pointing out that Sanders excludes nations such as Russia, Turkey and Brazil from his definition of “major.”

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

According to the World Bank, at least 41 counties have greater income inequality than the U.S. And those include Israel, Brazil, Mexico, Chile and Argentina.

And according to the most recent Global Wealth Databook, the U.S. ranks 16th out of 46 economies studied in the share of wealth held by the richest 1 percent. Russia, Turkey, Egypt and Brazil are among those whose top 1 percent hold more of their nations’ wealth….

[READ MORE]

FactCheck.org

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.