Sanders: We Have a Grotesque and Immoral Distribution of Wealth and Income

The transcript discusses the moral and economic implications of wealth inequality in the U.S., highlighting the vast wealth of billionaires like Mike Bloomberg compared to the average American. It addresses social issues such as homelessness and student debt, and critiques the disproportionate increase in billionaire wealth. Mike Bloomberg responds by emphasizing his philanthropy and contributions to the Democratic Party.

What is highlighted as a major issue in the distribution of wealth in the United States?

• Equal distribution of wealth

• Grotesque and immoral wealth disparity

• High taxes on the wealthy

• Increased government spending

What is one of the social issues mentioned as a consequence of wealth disparity?

• Lack of public transportation

• Homelessness

• Overpopulation

• Environmental pollution

How much did billionaires' wealth increase over the past three years?

• $850 billion

• $500 billion

• $750 billion

• $1 trillion

What does Mike Bloomberg claim to do with his wealth?

• Invest in real estate

• Save it for future generations

• Give it away to improve the country

• Spend it on luxury items

To which political party does Mike Bloomberg contribute a significant portion of his wealth?

• Republican Party

• Green Party

• Libertarian Party

• Democratic Party