"Here's the story that Trump failed to mention..."
Following President Donald Trump's State of the Union address on Tuesday, Sen. Bernie Sanders (I-Vt.) offered a response.
"I want to take a few minutes of your time to respond to Trump's State of the Union speech," Sanders announced. "But I also want to talk to you about the major crises facing our country that, regrettably, Trump chose not to discuss."
And, he added, "I want to offer a vision of where we should go as a nation which is far different than the divisiveness, dishonesty, and racism coming from the Trump Administration over the past year."
The complete text of Sanders' prepared remarks follow:
Good evening. Thanks for joining us.
Tonight, I want to take a few minutes of your time to respond to President Trump’s State of the Union speech. But I want to do more than just that. I want to talk to you about the major crises facing our country that, regrettably, President Trump chose not to discuss. I want to talk to you about the lies that he told during his campaign and the promises he made to working people which he did not keep.
Finally, I want to offer a vision of where we should go as a nation which is far different than the divisiveness, dishonesty, and racism coming from the Trump Administration over the past year.
President Trump talked tonight about the strength of our economy. Well, he’s right. Official unemployment today is 4.1 percent which is the lowest it has been in years and the stock market in recent months has soared. That’s the good news.
But what President Trump failed to mention is that his first year in office marked the lowest level of job creation since 2010. In fact, according to the Bureau of Labor Statistics, 254,000 fewer jobs were created in Trump’s first 11 months in office than were created in the 11 months before he entered office.
Further, when we talk about the economy, what’s most important is to understand what is happening to the average worker. And here’s the story that Trump failed to mention tonight.
Over the last year, after adjusting for inflation, the average worker in America saw a wage increase of, are you ready for this, 4 cents an hour, or 0.17%. Or, to put it in a different way, that worker received a raise of a little more than $1.60 a week. And, as is often the case, that tiny wage increase disappeared as a result of soaring health care costs.
Meanwhile, at a time of massive wealth and income inequality, the rich continue to get much richer while millions of American workers are working two or three jobs just to keep their heads above water. Since March of last year, the three richest people in America saw their wealth increase by more than $68 billion. Three people. A $68 billion increase in wealth. Meanwhile, the average worker saw an increase of 4 cents an hour.