The World Does Not Share the Belief That the Rich Always Deserve Their Wealth
The rich in America agree on one thing: They deserve their wealth. Recent research cited by Carol Graham of the Brookings Institute shows that unlike both the rich and poor in Latin America, in the United States the Mitt Romneys of the world believe they built that, all alone.
Even before a video exposed Mitt’s attitude toward what he termed the 47 percent who would never vote for him because they want their government assistance, wife Ann described in her speech before the 2012 GOP convention her skewed idea of how poor they were in their early days, after they spent their honeymoon in Hawaii and lived only investment income from stocks while attending the private Brigham Young University.
The Romneys are, unfortunately, typical of their cohort. This attitude is unfortunate because by being mistaken, it makes it harder to deal with America’s growing income inequality problem, which is transforming us, as often noted, into two countries.
