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In February 2016, a meme about the lack of business acumen and experience exhibited by Vermont senator Bernie Sanders, a Democratic presidential candidate, began circulating online: The criticisms offered in meme were a mixture of true, false, irrelevant, and misleading statements. To wit: Never owned a business Right off, this meme begins with a rather nebulous criticism. Although having owned a business is an experience many voters would like to see on the résumé of a potential chief executive, a literal application of that term isn't of much relevance. Technically, a person who once operated a roadside lemonade stand has owned a business, while a person who has spent his career serving as the CEO of a public multi-national, multi-billion dollar corporation has not -- even though everyone would agree the latter has vastly more business experience than the former. And certainly a number of highly-regarded U.S. presidents in the modern era (e.g., Franklin Roosevelt, Dwight Eisenhower, John Kennedy, Ronald Reagan) never owned their own businesses. Moreover, one might validly say that Sanders started and operated his own business (whether he owned it is somewhat arguable, as it was a non-profit), the American People's Historical Society, which was created in 1978 to produce educational film strips about the history of Vermont. The University of Vermont has archived several of the brochures produced by the American People's Historical Society, one of which includes a statement from Sanders outlining the purpose of his film strips: While the financials of the American People's Historical Society are not available, Sanders wrote in his memoir Outsider in the House that the business was reasonably successful and a lot of fun. A friend of Sanders' told Politico that the film strip business wasn't just a way to make money ... He made filmstrips about people he admired and believed in. He just thought kids should know the truth of how things really were. Never invented anything Once again, this is a rather nebulous criticism. The concept of inventing something could range from simply thinking up a novel idea (but doing nothing more about it), to creating and building a device for personal use (but not marketing it), to actually obtaining a patent for a new product. Bernie Sanders is certainly no inventor and holds no patents, but it's hard to see how that fact is of any relevance, as the same is true of nearly every U.S. president. Thomas Jefferson might legitimately be considered an inventor for having conceptualized various devices (including a macaroni machine, a swivel chair, a spherical sundial, a moldboard plow, and a cipher wheel), although he held no patents because he believed them to be a form of monopoly. Abraham Lincoln was the only U.S. president who ever held a patent, having been issued Patent #6,469 for A Device for Buoying Vessels Over Shoals on 22 May 1849. Beyond that, inventing has historically had nothing to do with the qualifications or success of candidates for the White House. Never had a 9 to 5 job This criticism is too vaguely worded to allow for much cogent analysis. What does holding a 9 to 5 job mean? That one literally works from 9 AM to 5 PM (and not some other period of the day)? That one holds full-time employment? That one is paid on an hourly basis? That one toils at what is commonly referred to as a blue collar job? That one works for someone else rather than being self-employed? If we assume the most seemingly relevant application of the term — that it refers to holding steady, full-time employment — then one might fairly say it applies to Bernie Sanders. After receiving a Bachelor of Arts degree in political science from the University of Chicago in 1964, Sanders primarily worked a series of odd jobs while attempting to get his political career off the ground, and a Politico article observed that he didn't collect his first steady paycheck until he was an elected official pushing 40 years old. However, that same article did list a variety of jobs Sanders held (even if they weren't steady or didn't provide a livable wage) before he finally reached public office upon being elected mayor of Burlington, Vermont, at age 39 — working as an aide at a psychiatric hospital, as a Head Start preschool teacher, as a carpenter, and as a freelance writer for local publications: We would also note by that by the standard used here, holding elective office (as Sanders has done for most of the last 35 years as a mayor, a U.S. representative, and a U.S. senator) is as much a 9 to 5 job as any other. Never proposed a bill that has passed This statement is not literally true, as during his tenure in Congress Sanders has sponsored three bills that were enacted, two of which were rather slight matters involving the naming of USPS facilities, and one of which was the Veterans' Compensation Cost-of-Living Adjustment Act of 2013 (which provided for an increase in the rates of compensation for veterans with service-connected disabilities and the rates of dependency and indemnity compensation for the survivors of certain disabled veterans). Although that might seem like slight achievement for someone who has spent 25 years as both a U.S. representative and a U.S. senator, we would note that only a scant handful of bills submitted in Congress (about 4 to 6 percent) are ever brought to a vote, and even fewer (about 2 to 4 percent) end up being enacted. We would also note that sponsoring original legislation is but one small part of Congress members' duties: they also co-sponsor legislation submitted by colleagues (which Sanders has done for more than 200 successful bills), muster support (or opposition) among colleagues and the public for proposed legislation, review and vote on proposed bills, serve on various committees (Sanders holds six Senate committee appointments), meet with constituents, participate in oversight and investigation of governmental affairs, etc., as detailed in The Many Roles of a Member of Congress: Lived off welfare before elected to public office As noted above, various acquaintances who knew Sanders in the years before he achieved public office have reported that he was always poor, and he likely received public assistance at some point during that time, although what form of (and how much) assistance he received is difficult to determine at this remove. A contemporaneous newspaper account from the Bennington Banner reported that in 1974, when Sanders ran for the U.S. Senate on the Liberty Union Party ticket, he was collecting unemployment benefits: 74 year old — personal net worth of $300,000 As 247 Wall St. reported, determining the precise net worth of candidates is difficult for a number of reasons: 247 Wall St. attempted to determine each presidential candidate's net worth in an article published on 24 August 2015. They estimated that Sanders was one of the poorest presidential candidates running for office in 2016, with a likely net worth somewhere around $330,000: As of late 2019, Open Secrets, the website of the Center for Responsive Politics, estimated Sanders' net worth at between $729,000 and $1.8 million, making him neither the richest nor the poorest presidential hopeful in the 2020 field. In any case, the meme's characterization of Sanders as a loser based on his net worth evinces a rather skewed perspective. Although many people view financial rewards as a tangible measure of one's success, it is far from the only factor by which accomplishment can be measured. (In fact, highly-regarded President Harry S. Truman had virtually no net worth even after leaving the White House in 1953 and afterwards was largely dependent upon Congress' finally establishing a pension for former presidents.) Bernie Sanders might equally be considered a winner for persevering at his goal of achieving a political career long after others might have given up, and for succeeding at that effort despite prolonged financial hardship. Unlike many others, Sanders might also be lauded for maintaining a rather plain life and not having enriched himself in public service (especially since candidates at the other end of the financial spectrum are frequently criticized for being out of touch with the common man). As 247 Wall St. wrote of Sanders: All in all, that sounds like quite an impressive career achievement for anyone — regardless of net worth.
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