Skip to main content

Bernie Sanders, the Socialist Millionaire

The 2016 presidential campaign of Senator Bernie Sanders (I-Vermont) -- who identifies as a "democratic socialist" -- was based on the premise that the top 1% of income earners take advantage of the rest of the population.

Senator Bernie Sanders

Regarding income inequality, Sanders' campaign site unabashedly reads, "The issue of wealth and income inequality is the great moral issue of our time, it is the great economic issue of our time, and it is the great political issue of our time."

Considering the amount of weight that Sanders gives the issue of income inequality, it is surprising that he himself raked in over $1 million last year.

For VT Digger, a left-leaning local outlet, Elizabeth Hewitt and Anne Galloway write,

For the second year in a row, Sen. Bernie Sanders’ income topped six figures. 
A recent financial disclosure report shows the junior Vermont senator made nearly $1.06 million in 2017. Most of his income — $885,767 — came from advances and royalties, according to the report filed in May.
The senator hit the $1 million mark for the first time in 2016. Most of his income came from a book deal 'Our Revolution,' which came out after his failed bid for the Democratic nomination for president.

Sanders' $1.06 million income for 2017 puts him squarely in the top 1%, according to an Emmie Martin report published by CNBC. She wrote that in order to "reach the threshold of the top 1 percent of income earners in the U.S., you need to make $389,436 a year or more, a 2013 Economic Policy Institute report finds."

While some may be puzzled that the U.S.' biggest champion against the 1% is himself a member of the 1%, I am not surprised.

In communist and socialist societies around the globe, there is a huge disparity between the wealth possessed by the ruling class and that of the rest of the population. Apparently, Sanders is merely accustoming himself to the standard of living enjoyed by the likes of Nicolae Ceaușescu (Romania), Hugo Chavez (Venezuela), and Fidel Castro (Cuba), all of whom were socialist dictators.

Ultimately, the socialist theory espoused by Sanders is inherently unfair: Some will do all of the work, and some will just rake in the benefits. Sanders himself exemplifies the evils of his own philosophy.