“A few people on the top have incredible wealth and incredible power while the people at the bottom have neither,” Sen. Bernie Sanders said. “On economic issues, we are losing ground.” He was talking about a new study that showed the wealthy got wealthier after the recession while the vast majority of Americans saw their net worth shrink.

To read more about the study, click here.

The average wealth of the 8 million households in America with a net worth around $800,000 rose from 2009 to 2011 by nearly 30 percent to $3.2 million, according to a new Pew Research Center analysis of Census Bureau data. While those in the top 7 percent were faring so well, the remaining 93 percent, some 111 million households, saw their net worth drop by 4 percent to $134,000.

“We’re looking at a situation,” Sanders said, “where Wall Street and large corporations are in many ways experiencing record-breaking profits while tens and tens and tens of millions of families are trying to figure out how they’re going to fill up their gas tank to get to work , how they’re going to pay for their kid to go to the dentist, how they are going to afford to send their kids to college and iIn some cases how they’re going to pay the rent or the mortgage or feed their families.”