FACT CHECK: Tom Steyer says 90% haven't had a raise for 40 years.

Hmm. I just went down to the basement and checked my 1978 tax return. Even in retirement (where my 'salary' is much lower), I'm making about 35% more than I did in 1978 - after adjusting for 40 years of inflation.

To be fair to Tom, however, I suppose it's much more difficult for a billionaire to get a raise....