Bennet on strong economic numbers: 'There are two economies' in US

Bennet on strong economic numbers: 'There are two economies' in US

Sen. Michael BennetMichael Farrand BennetDemocrats debate how to defeat Trump: fight or heal Overnight Energy: EPA watchdog slams agency chief after deputy fails to cooperate in probe | Justices wrestle with reach of Clean Water Act | Bipartisan Senate climate caucus grows Bipartisan Senate climate caucus grows by six members MORE (Colo.), a Democratic White House hopeful, on Sunday acknowledged the strong economy under President TrumpDonald John TrumpThis week: House kicks off public phase of impeachment inquiry Impeachment week: Trump probe hits crucial point Judd Gregg: The big, big and bigger problem MORE, but cautioned that “there are two economies” in the United States.

“There are two economies in this country: the wealthiest Americans for the last 40 years have done really well and everyone else has done really poorly,” Bennet told guest host Dana Perino on "Fox News Sunday."


“That’s not something you can blame Donald Trump for,” he added, noting that it was a long-term trend.

While Bennet said the ongoing economic recovery has included increases in employment and “the president hasn’t screwed it up in 2 and a half years,” he said that his constituents were increasingly left out of broader positive  economic trends.

“Colorado has one of the strongest economies on this planet, yet most people I meet… can’t afford a middle-class life” due to the costs of housing and health care, Bennet said.

Bennet called for increased investments in infrastructure and education to combat these trends.

“We’re saying to the next generation ‘not only will we not invest in you we’re going to make you pay back this debt that we’re not going to pay back,’” he said.

The Colorado senator also called for the reversal of 2017 tax reform and “giv[ing] working people real tax relief.”

A poll released Sunday that found Trump's approval at an all-time high of 44 percent found 51 percent of respondents approved of his handling of the economy specifically.