SUBSCRIBE TO OUR FREE NEWSLETTER

SUBSCRIBE TO OUR FREE NEWSLETTER

Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.

* indicates required
5
#000000
#FFFFFF
Sen. Bernie Sanders Holds "Fighting Oligarchy" Rally In Chicago

US Sen. Bernie Sanders (I-Vt.) speaks during a stop on his Fighting Oligarchy Tour on August 24, 2025 in Chicago.

(Photo by Scott Olson/Getty Images)

'If This Is the Greatest Economy in the History of the World,' Says Bernie Sanders, 'God Help Us'

"The billionaires who sat behind Trump at his inauguration: Yeah, the economy is the best ever for them," said Sen. Bernie Sanders. "But for the average working person, not quite the case."

US Sen. Bernie Sanders responded incredulously on Tuesday to President Donald Trump's claim that the nation's economy under his stewardship is "the greatest... actually ever in history," despite surging personal and business bankruptcies, plunging consumer sentiment, rising costs, and anemic job and wage growth.

In an appearance on MS NOW, Sanders (I-Vt.) said that "you wonder whether Trump is completely crazy and delusional or just a pathological liar, but the idea that anybody would believe that this is a great economy when 60% of our people are living paycheck to paycheck, when the cost of healthcare is going up, people can't afford housing, people can't afford their basic groceries, the childcare system is dysfunctional, people can't afford to go to college."

"If this is the greatest economy in the history of the world," the senator added, "God help us."

Watch:

Sanders' remarks came in response to Trump's interview Tuesday with Fox Business host Larry Kudlow, during which the president falsely claimed he has ushered in "the greatest period of anything that we've ever seen," including "the greatest economy actually ever in history."

While Trump and members of his class have seen their wealth surge to record levels during his second White House term, working-class Americans are struggling to make ends meet as the president's tariffs and assault on the social safety net drive up costs. One recent analysis estimated that the average US family paid $1,625 in higher costs last year as prices for groceries, housing, and other necessities continued to rise.

Trump's claim of an economic "golden age" in the US was also undermined by a new House Budget Committee report report showing that personal bankruptcy filings increased 11% last year, reaching levels not seen since 2019—during the president's first term in the White House. Those figures came on top of earlier data showing that business bankruptcies are at a 15-year high.

“Donald Trump’s reckless tariff taxes are driving up prices, hurting the economy, and leaving families to pay the price," Rep. Brendan Boyle (D-Pa.), the top Democrat on the House Budget Committee, said in a statement. "The only people benefiting in Donald Trump’s economy are his billionaire donors—everyone else is falling further behind.”

Sanders echoed that message during his MS NOW appearance late Tuesday, saying, "The billionaires who sat behind Trump at his inauguration: Yeah, the economy is the best ever for them."

"But for the average working person," Sanders said, "not quite the case."

Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.