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Published: Friday, August 24, 2012, 8:42 a.m.
Presidential race

GOP will create more have nots

What the Republican ticket seems to be missing about the current economic situation is that the disparity of wealth between the wealthiest Americans and the majority of the population along with the despair of those on the lowest economic rungs are the real issues.
Their plans to strip away regulatory restrictions on investors and financial institutions while ripping away safety nets for the impoverished are only going to widen the gulf between the haves and have-nots. I don't think either Romney or Ryan can identify with what it might be like for someone whose situation is so precarious that all it takes is one missed paycheck or one staggering emergency room bill to put them in a financial tailspin from which they cannot recover.
Should their policies come into force it may take the wheeling out of the virtual guillotine by the peasants to convince the very wealthy that they are on the wrong ethical track. Making it possible for the wealthy to keep even more of the money that they have run out of things to spend it on is not going to create more jobs. They can't voluntarily give up on the "he who dies with the most assets wins" game. They have to be restrained by laws and regulations, or they will be reigned in by revolution.
Thomas Munyon
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Herald Editorial Board

Jon Bauer, Opinion Editor:

Carol MacPherson, Editorial Writer:

Neal Pattison, Executive Editor:

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