Wealth, Presidents, and Being "Out of Touch"

01/26/2012 by News Aggregation Team

Although his father was the first candidate to release their tax returns, the impetus for Massachussetts governor Mitt Romney making his financial life public — and the rallying cry of Gingrich-boosting Super PACs — is the assertion that Romney is too rich and therefore too out of touch to be president. Throughout the decades, Americans have elected very wealthy men to the White House without any fanfare. Yet with record rates of unemployment that many are experiencing over a period of years, the issue of class in the U.S. has gained a new significance.