Meanwhile, Democrats’ continued insinuation that the rich are robbing the poor is simply disingenuous. Who employs the poor if not the more prosperous? Who infuses charities with cash but the wealthy? Who grows the economy if not business, now too afraid to part with its money given the current uncertainties?
Mitt Romney was excoriated for saying that corporations are people, too. This sort of statement is easy to mock, but it is truer than the one that contends corporations are the enemy of the people. Corporations are made up of people — some heartless, I’ll concede — who nonetheless provide jobs and grow the economy. Capitalism, the ogre of those protesting Wall Street, has suffered a public relations crisis in the wake of the global economic collapse. But any remedy to the systemic corruption that led to the collapse should not displace recognition that capitalism creates wealth. Capitalism, and no other economic system, has raised millions from poverty around the world.