Other high-income, high-net-worth figures have been similarly mocked for expressing concerns about a growing income and wealth imbalance that benefited them. Among the targeted upper-crusters are Goldman Sachs chief executive Lloyd Blankfein, who said in a recent interview that “too much of the [gross domestic product] over the last generation has gone to too few of the people”; Warren Buffett, the Oracle of Omaha, who has advocated higher tax rates on high-earners such as himself and consistently decried rising inequality; and Paul Krugman, the Nobel-winning economist and New York Times columnist who will soon receive $25,000 a month from an institute that studies income inequality.
These economic elites aren’t alone in balking at rising inequality. A rare survey of 1 percenters found that nearly two-thirds believe “differences in income in America are too large,” according to research by Benjamin I. Page, Larry M. Bartels and Jason Seawright. That’s almost identical to the share of the general population that espouses this view.
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