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US Sen. Bernie Sanders (I-Vt.) speaks during a stop on his Fighting Oligarchy Tour on August 24, 2025 in Chicago.
"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."
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |
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."
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."