O'DONNELL: Mayor Bloomberg, I'll let you respond to that. Do you think Senator Sanders' economy would be better for America than President Trump's? - Bernie Sanders

We have got to end the two-tier justice system — one for the poor and working class and one for Wall Street and the wealthy — that has existed for far too long in this country.

This is what they should do. They should take a deep reflection about the history of this country and understand that absolutely these are very difficult and frightening times, I would not deny that for a second. But also understand that this country has had a very rocky road in terms of democracy and civil liberties and civil rights. In moments of crisis what has happened time and time again is people have stood up and fought back. So despair is absolutely not an option. I ask people if they are white to think deeply about what it meant to be an African American in the southern states in the 40s and 50s where people were treated in the most disgraceful manner imaginable, where they were humiliated, where they were attacked, where they were lynched, yet people did not give up, they fought back effectively. I would ask people to remember that a hundred years ago women in the United States did not have the right to vote, couldn’t go to university, couldn’t do the jobs they wanted to do – they stood up and fought back. A hundred years ago kids were working in factories, there were no such things as public schools, and yet working-class people fought with great courage to create movements which protected their living standards and dignity. And just more recently, and young people are familiar with this, think of the history of the gay rights movement in this country where 15-20 years ago you had state after state attacking people because of their sexual orientation and yet with great courage the gay community stood up and fought back. And now the Republicans are absolutely on the defensive on those issues. So in times of difficulty historically the American people have stood up and fought back and I believe that’s what we are going to see right now. And to the degree there is any silver lining in this whole process it will be that the American people will understand that they cannot take democracy for granted, we cannot continue with one of the lowest voter turnouts of any major country on Earth and that people have got to be deeply involved in the political process so that we will not see any more Trumps.

My friends, the Republican Party did not win the midterm election in November: We lost that election. We lost because voter turnout was abysmally, embarrassingly low, and millions of working people, young people and people of color gave up on politics as usual and they stayed home. That’s a fact. In my view, Democrats will not retain the White House, will not regain the Senate or the U.S. House, will not be successful in dozens of governor races across the country, unless we generate excitement and momentum and produce a huge voter turnout. With all due respect – and I do not mean to insult anyone here – that turnout, that enthusiasm, will not happen with politics as usual. The people of our country understand that given the collapse of the American middle class, and given the grotesque level of income and wealth inequality we are experiencing, we do not need more establishment politics or establishment economics.