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Search results for "Never before in American history have so few people held so much wealth and power."

People (72)

Fact-checks (25665)

Viral image stated on January 05, 2019 in a meme:
Says "the Rothschild family holds about 80 percent of the world’s total wealth" and has the ability to "literally feed, clothe and settle every man, woman and child on the planet if they wanted to."
By Samantha Putterman• January 9, 2019
Donald Trump stated on October 11, 2017 in an interview with Fox News' Sean Hannity:
The Obama administration "borrowed more than $10 trillion, right? And yet, we picked up $5.2 trillion just in the stock market. ... Maybe in a sense we’re reducing debt."
By Louis Jacobson• October 12, 2017
Bernie Sanders stated on July 25, 2016 in remarks at the Democratic National Convention in Philadelphia:
"The top one-tenth of 1 percent now owns almost as much wealth as the bottom 90 percent."
By Lauren Carroll, Tom Kertscher• July 26, 2016
Joe Biden stated on September 21, 2019 in a campaign appearance in Iowa:
"We’re no longer the wealthiest middle class in the world."
By Amy Sherman• October 4, 2019
Mario Nawfal stated on February 09, 2025 in an X post:
Former USAID Administrator Samantha Power’s net worth “skyrocketed” from $6.7 million to $30 million in three years.
By Loreben Tuquero• February 14, 2025
Bernie Sanders stated on July 01, 2015 in a speech:
"The top one-tenth of 1 percent" of Americans "own almost as much wealth as the bottom 90 percent."
By Tom Kertscher• July 29, 2015
Elizabeth Warren stated on January 29, 2019 in a tweet:
"The top 0.1 percent ... own about the same wealth as 90 percent of America."  
By Jon Greenberg• January 31, 2019
Rick Perry stated on November 16, 2011 in a letter to Nancy Pelosi:
"A part-time Congress with half the pay would still make $38,000 a year more than the average American family."
By Meghan Ashford-Grooms• December 1, 2011
Hillary Clinton stated on October 10, 2007 in a town hall meeting in Derry, N.H.:
"The estate tax, which came into being by Republicans like Teddy Roosevelt and others ... is there for a real simple reason: In America, we've never liked the idea of massive inherited wealth."
By John Frank• December 18, 2007
Bloggers stated on October 23, 2009 in a posting on many blogs.:
Barack Obama wrote a thesis at Columbia University in which he criticized "plutocratic thugs" and said the Constitution gave Americans "the shackles of hypocrisy."
By Louis Jacobson• October 26, 2009
Bill Clinton stated on September 19, 2010 in an interview on NBC's "Meet the Press":
"We paid down the debt for four years -- paid down $600 billion on the national debt."
By Louis Jacobson• September 23, 2010
X posts stated on February 11, 2025 in a post:
Rep. Nancy Pelosi has a $223,000 salary and a $202 million net worth. Sen. Mitch McConnell has a $200,000 salary and a $95 million net worth. Sen. Chuck Schumer has a $210,000 salary and a $75 million net worth. Sen. Elizabeth Warren has a $285,000 salary and a $67 million net worth.
By Sara Swann• February 18, 2025
Rick Perry stated on February 24, 2015 in a speech:
"Thomas Paine wrote that ‘the duty of a patriot is to protect his country from his government.’"
By Sean Gorman• March 9, 2015
Nicholas Kristof stated on December 04, 2014 in a broadcast of "The Daily Show":
The wealth gap between blacks and whites in the United States is "greater than the black-white wealth gap was in apartheid South Africa."
By Jon Greenberg• December 17, 2014
Jeb Bush stated on August 21, 2015 in a fundraising email:
"Trump proposed enacting the largest tax increase in American history."  
By Amy Sherman• September 2, 2015
Whoopi Goldberg stated on July 15, 2014 in a segment on "The View":
"For the first time in history, (Thor’s) hammer is being held by a woman."
By Katie Sanders• July 18, 2014
Jason Villalba stated on October 13, 2015 in a tweet:
"Bernie Sanders admits he is a Democratic Socialist. … Nazis were Democratic Socialists."
By W. Gardner Selby• October 16, 2015
One Wisconsin Now stated on November 27, 2013 in an email:
"The Walton family, which owns Wal-Mart, controls a fortune equal to the wealth of the bottom 42 percent of Americans combined."
By Tom Kertscher• December 8, 2013
Bill Clinton stated on June 29, 2014 in comments on NBC's "Meet the Press":
"I had the lowest net worth of any American president in the 20th century when I took office."
By Katie Sanders• June 29, 2014
Alan Grayson stated on October 10, 2011 in an interview on MSNBC's "The Rachel Maddow Show":
"According to Wikipedia, there are only five countries in the entire planet that are more unequal than the United States in the distribution of our wealth."
By Louis Jacobson• October 14, 2011

Articles (8335)

Fact-checking the June 29 news shows

By Aaron Sharockman• June 30, 2014

PunditFact fact-checks the June 29 news shows

By Aaron Sharockman• June 30, 2014

What's up with Donald Trump and Andrew Jackson?

By Louis Jacobson, Sarah Waychoff• May 2, 2017

Donald Trump's inaugural address: annotated

By Allison Graves, Miriam Valverde• January 20, 2017

Is the United States turning into an oligarchy? What scholars say about Joe Biden’s warning

By Samantha Putterman• January 22, 2025

The Stump Speech Analyzer: Elizabeth Warren

By Jon Greenberg• January 23, 2020

Fact-checking the fifth Democratic presidential debate in Atlanta

By PolitiFact Staff • November 21, 2019

Mailbag: The Mitt Romney edition

By Louis Jacobson• March 9, 2012

Johnson, Nixon, Clinton, Trump: 9 questions about impeachment

By Louis Jacobson• October 9, 2019

Fact-checking Donald Trump's inaugural address

By Linda Qiu• January 20, 2017

Fact-check: Bernie Sanders and Alexandria Ocasio-Cortez’s ‘fighting oligarchy tour’

By Grace Abels, Amy Sherman• March 21, 2025

Fact-checking the April 24 edition of Meet the Press

By C. Eugene Emery Jr., Linda Qiu, Katie Sanders• April 24, 2016

Is it true the rich are getting richer?

By Martha M. Hamilton• July 6, 2011

PunditFact fact-checks the April 27 news shows

By Aaron Sharockman• April 27, 2014

Fact-checking the April 27 news shows

By Aaron Sharockman• April 27, 2014

History is not their best subject

By John Frank• December 18, 2007

Donald Trump's GOP acceptance speech, annotated

By Joseph Cariz, Taylor Leighton, Adam Thorp• July 21, 2016

Fact-checking Bernie Sanders and his 2016 campaign

By Adam Thorp• July 25, 2016

Income gap is big, but so are its causes

By Wes Allison• December 14, 2007

Mailbag: The best of our 2010 reader comments

By Angie Drobnic Holan• December 30, 2010