Robert F. Kennedy Jr. argues American middle class 'systematically' wiped out under COVID-19 lockdowns
Fox News
Democrat Robert F. Kennedy Jr. argued that the American middle class was "systematically" wiped out during the pandemic, drawing contrast to China.
"Worse of all is what it did to the economy," Kennedy Jr., a vocal advocate against vaccinating against COVID-19, said, referring to lockdown measures introduced in 2020. "It caused $16 trillion, according to Larry Summers, the IMF report, the Harvard report. We shifted $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% during the pandemic. From the lockdowns. And Amazon got to shut down all of its competitors." Danielle Wallace is a reporter for Fox News Digital covering politics, crime, police and more. Story tips can be sent to danielle.wallace@fox.com and on Twitter: @danimwallace.
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," Kennedy Jr. said in response. "To have very, very high concentrations of wealth in a nation that is now marked by widespread poverty."