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Sanders confuses "revenue" and "profit" he tracks for unionizing the video game industry



Democratic presidential candidate Bernie Sander's confused "revenue" and "profit" to support efforts to unite the video game industry.

The American senator from Vermont, who is constantly behind Vice President Joe Biden in the investigations made the embarrassingly basic financial mistake on social media Tuesday.

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"The video game industry made $ 43 billion in revenue last year. The workers responsible for that profit deserve to collectively find as part of a union. I am happy to see unions such as @IATSE and the broader @ GameWorkers movement organizing them workers ", Sanders tweeted.

The democratic socialist does not seem to distinguish between "profit" and "revenue" ̵

1; the money company takes in before it deducts the wages and other expenses of the workers needed to produce the product. This means that Sanders & # 39; claim that employees get a share of "that profit" met when he pointed out revenue.

Although the video game industry actually brought about $ 43 billion in revenue in the United States last year or $ 135 billion worldwide, the earnings figure is several times lower than revenue.

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This is not the first time Sanders seems to have confused revenue from a profit-making company to make a political point.

Earlier this month, Sanders Walmart crushed annual shareholders where he urged shareholders to ensure the wages of workers as "the American people are sick and tired of subsidizing some of the largest and most profitable companies in the country."

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While Walmart really is the company that gets the most revenue in the US, rofit puts the company only as the 40th on the Fortune 500 list and is just 99th when it ranks earnings per employee due to its 2.3 million employees.


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