Posts Tagged ‘wealth’

The Clintons Just Don’t Get It

Tuesday, June 24th, 2014

Hot on the heels of Hillary Clinton claiming that her family was dead broke in 2001 (for certain values of “dead broke” that include being worth more than $20 million) comes news that Hillary has doubled down on the “shucks, we’re just regular folks” gambit.

In an interview with The Guardian, Clinton said she isn’t “truly well off”:

But with her huge personal wealth, how could Clinton possibly hope to be credible on this issue when people see her as part of the problem, not its solution?

“But they don’t see me as part of the problem,” she protests, “because we pay ordinary income tax, unlike a lot of people who are truly well off, not to name names; and we’ve done it through dint of hard work,” she says, letting off another burst of laughter. If past form is any guide, she must be finding my question painful.

The full quote is actually more damning than just the “not truly well off” bit because it suggests an even more radical disconnect from the economic reality most Americans face every day. Evidently Hillary is suggesting she gets a pass from class warfare envy because: A.) She and Bill have actually deigned to obey the law by paying taxes, and B.) Americans know just how hard it is for Bill to give $103 million worth of speeches.

A few choice reactions:

Moreover, Hillary’s daughter seems to have picked up on her mother’s entitlement issues. It seems that the woman married to a former Goldman Sachs manager who started his own hedge fund, the woman who owns a $10 million Manhattan apartment, the woman who was given a $3 million wedding and the woman who MSNBC paid $600,000 a year to (or $26,724 for every minute she appeared on-air) says she doesn’t care about money.

At least one pundit has suggested that Hillary’s clan suffers from “Status-Income Disequilibrium”, in which people with All The Right Opinions suddenly realize how much wealthier fellow members of the Overclass are. Or, as Rush Limbaugh puts it, “in [Hillary]’s world, $50 million is peanuts.”

Let’s give Bill Clinton one small piece of praise in all this: As far as I can tell, on this particular subject he’s apparently been smart enough to keep his mouth shut…