ADD ANI AS A TRUSTED SOURCE
googleads
Menu
US

American middle class was wiped out during COVID: Democrat Robert F. Kennedy Jr.

Kennedy Jr. told Fox News' Neil Cavuto: "More than anything, we have to rebuild the American middle class. And part of that is getting away from the warfare economy."

ANI Apr 24, 2023 20:33 IST googleads

Robert F. Kennedy Jr. (Source: Reuters Pictures)

Washington [US], April 24 (ANI): Robert F. Kennedy Jr, a Democrat who recently announced his 2024 candidacy for the White House, effectively challenging President Joe Biden's presumptive re-election bid, argued that the American middle class was "systematically" wiped out during the COVID-19 pandemic, Fox News reported.
Kennedy Jr. told Fox News' Neil Cavuto: "More than anything, we have to rebuild the American middle class. And part of that is getting away from the warfare economy. And doing what China originally did which is to build its power and project power by building its economy at home. The strength of a nation comes from a strong economy and a vibrant middle class. And we have wiped out the middle class in this country systematically."
Kennedy Jr. while referring to lockdown measures introduced in 2020, said: "Worst of all is what it did to the economy. It caused USD 16 trillion, according to Larry Summers, the IMF report, the Harvard report. We shifted USD 4 trillion in wealth from the American middle class to this new aristocracy of billionaires. We created 500 new billionaires. The Oxfam report, which came out this week, shows that the billionaires that existed at the beginning of the pandemic, the people like Bill Gates, Mark Zuckerberg, Jeffrey Bezos, Bloomberg, etc., increased their wealth by 30 per cent during the pandemic. From the lockdowns. And Amazon got to shut down all of its competitors."
Cavuto challenged Kennedy Jr. on the stances of progressives within his own party, like Sen. Elizabeth Warren, D-Mass., who supported a wealth tax, noting how families like the Kennedys would be the ones paying for such stipulation. "I don't think these huge disparities in wealth are healthy for our country or healthy for democracy. To have very, very high concentrations of wealth in a nation that is now marked by widespread poverty," Kennedy Jr. said in response.
"I'm in a better position to run against Donald Trump than any of the Democrats because I can hold him accountable for the worst thing that he did, which was the lockdowns. The lockdowns were absolutely catastrophic," Kennedy Jr., nephew of former President John F. Kennedy, said, as quoted by Fox News. (ANI)

Get the App

What to Read Next

US

Trump describes Michigan synagogue attack as "terrible"

Trump describes Michigan synagogue attack as

Speaking at a Women's History Month event at the White House, the US president said he had been fully briefed on the situation and described the incident as "terrible."

Read More
Asia

India consistently supported Maldives in crisis: Mohamed Nasheed

India consistently supported Maldives in crisis: Mohamed Nasheed

He highlighted India's role as a "first responder" for the Maldives, emphasising that India's support during critical periods has been fundamental to the stability and security of the island nation.

Read More
US

Ending Iran's nuclear ambitions over oil profits: Trump clarifies

Ending Iran's nuclear ambitions over oil profits: Trump clarifies

In a post by the White House, President Trump, while acknowledging that the United States is currently the world's leading oil producer and stands to benefit financially from higher crude prices, emphasised that his administration's overriding mission remains the permanent dismantling of Iran's nuclear program.

Read More
Asia

Hardships grow as Pakistan tightens its grip in Balochistan 

Hardships grow as Pakistan tightens its grip in Balochistan 

Residents in Balochistan's Zehri and Surab regions are facing a severe humanitarian crisis due to a four-day curfew and military operations. The Baloch Yakjehti Committee reported acute food shortages, blocked healthcare access, and alleged house raids by security forces, urging international bodies to investigate these fundamental rights violations.

Read More
US

US launches trade probe into 16 economies

US launches trade probe into 16 economies

Announcing the move on a White House press call, Jamieson Greer said the probe would be conducted under Section 301 of the Trade Act of 1974, one of Washington's most powerful trade enforcement tools.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.