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Does a Politician’s Personal Wealth Matter?

Photo courtesy of 401k/Flickr

Republican or Democrat, the majority of America’s federal level politicians have one thing in common: they are much more wealthy than the average U.S. citizen. A look at America’s richest politicians pulls up a familiar name, Mitt Romney, but it also includes names like John Kerry, Bill Clinton, and the Kennedys. In a recent interview, ex-ABC News correspondent Brit Hume commented that “Democrats with money look different to reporters in the mainstream media than Republicans with money do.”


Personally, I don’t have a problem with wealthy candidates as long as non-wealthy candidates, like Mike Huckabee for example, have a shot . Wealth is often (and often mistaken as) a sign of success and intelligence. On the other hand, I do believe that Hume is correct in pointing out a bias in the way the media looks at wealth on the left. Rich liberals are considered laudable for wanting to promote their goals of social change while wealthy Republicans (who often carry a message of government reduction and lower taxation) are looked at as greedy.

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