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 BennetDemocratic strategist predicts most 2020 candidates will drop out in late fall The Hill's 12:30 Report: Trump hits media over 'send her back' coverage The Hill's Campaign Report: Second debate lineups set up high-profile clash MORE (Colo.), a Democratic White House hopeful, on Sunday acknowledged the strong economy under President TrumpDonald John TrumpChelsea Clinton announces birth of third child Ukrainian officials and Giuliani are sharing back-channel campaign information: report Trump attacks 'the Squad' as 'racist group of troublemakers' 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.