The Angry Rich

Reader comment on: Paul Krugman on the Angry Rich

Submitted by Stephanie (Russia), Sep 21, 2010 04:08

Dr. Krugman expresses indignation at the sense of entitlement the rich feel toward their money. But the rich will say they have earned their money, and so are justified in their sense of entitlement. It is the sense of entitlement Mr. Krugman feels toward the rich's pockets, the rich say, that is misplaced.

Krugman, though, asserts that the rich are the "luckiest" class in the world, and thus by inference, that the rich have not earned their money; they just happen to have won the jackpot. Obviously this is a point of contention- although I am sure Krugman feels entitled to that Nobel Price he "earned".

Further, we must remember that we live in a LIMITED democracy. The rule of the majority is limited by inviolable personal rights, and the rich feel as though their personal rights are being discounted by liberal pundits. When we attack the bank accounts of the rich in the name of "fairness" and "justice" we give them reason to fear and grow angry.

In the end, we are all going to have to sacrifice in order to fix our country's structural difficulties--and yes, this includes our esteemed "middle class" as well as the rich. Don't pretend we can (and should!) put this all on the shoulders of the rich.

Note: Comments are moderated by the editor and are subject to editing.

Submit a comment on this article

Other reader comments on this item

Title By Date
the loss of opportunity?? [123 words]MaggieOct 24, 2010 09:44
Go back to the Eisenhower-era taxes [138 words]RossOct 5, 2010 04:48
Born rich
[w/response] [19 words]
rachelOct 4, 2010 20:40
Little people make a difference [1592 words]mary LSep 21, 2010 18:25
Dear Rich People: Go on Strike, Proudly [109 words]Richard M. SalsmanSep 22, 2010 17:25
Go on strike [94 words]Robert RoarkSep 23, 2010 16:48
⇒ The Angry Rich [214 words]StephanieSep 21, 2010 04:08
Our government does more now
[w/response] [193 words]
benSep 20, 2010 21:17
Luck, or hard work and good decisions? [168 words]Ben LSep 25, 2010 10:09
Spot on [74 words]Red CabbageSep 20, 2010 18:41
Why has the cost doubled? [106 words]Jordan LundSep 20, 2010 17:54
Why has the cost doubled [23 words]StephanSep 20, 2010 23:46
Hurray for Krugman [18 words]John SmithSep 20, 2010 13:43

Comment on this item

Mark my comment as a response to The Angry Rich by Stephanie

Email me if someone replies to my comment

Note: Comments are moderated by the editor and are subject to editing.