There are several encouraging signs for the economy, but Vermont's independent Sen. Bernie Sanders says that while there is some good news in that data, there is also bad news.
There are several encouraging signs for the economy: housing prices are rising faster than they have in the past seven years, consumer confidence is at a five-year high, car sales are up 8.5% in April, and the stock market is rallying. But Vermont’s independent Sen. Bernie Sanders says while there is some good news in that data, there is also bad news.
“If you look at the trends impacting the middle class,” Sanders said on Jansing & Co. Wednesday. “Median family income in this country has gone down by about $5,000 and most of the new jobs being created today are not good paying jobs, they’re low paying jobs, and perhaps more frightening, is we’re seeing more and more income and wealth inequality in America.”
Watch the full interview with Sanders here:
