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Thursday, November 10, 2011

Why Are Democrats Richer than Republicans?


Tom Kando

...And here is another thing: On average, Republicans are poorer than Democrats! Just go figure. When it comes to economics, it should be pretty simple. There are two basic political attitudes, and you would expect them to correlate with how rich a person is: you would expect both the rich and the poor to vote their pocketbook. The rich would vote for lower taxes and for the government to butt out, i.e. Republican, conservative. The poor would vote for more re-distribution of wealth, more government services, i.e. Democratic, liberal. But, lo and behold, it’s the opposite! Even though there is a lot of overlap, the statistics are clear: The average income of the 100 million or so Republicans is LOWER than that of the 150 million or so Democrats!

This oddity can be explained, of course. READ MORE

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