General Discussion
In reply to the discussion: America's Idiot Rich [View all]DaveJ
(5,023 posts)All they care about is the return on their investments and how much they are being taxed. They feel a Republican will tax them less and cause the stock market to go up a few points higher. This makes no difference to most of us, but to someone who has, say $5 million in the market, a few points makes a big difference.
I am a little concerned for those who are living off investments of around $1-4 million. They are viewed as the 1%, but they are not the Ferrari driving, champaign drinking 1% that can afford it. They are living good lives, but if they were to give much of it away, to help the less fortunate, they feel they'd end up in the same situation the poor are in, which won't help anyone.
So if Obama could convince those people they'll be ok, it would improve his chances.
As far as the rich being idiots, I totally agree, and actually think we are better off if they continue to sip champaign and continue to live on corporate welfare rather than having real jobs and screwing things up even more.