The New York Times last year reported that Hillary Clinton wanted to “topple” the top 1 percent of income earners. This bitterness toward the 1 percent emerges from economic ignorance. Too many people think of wealth as a limited pie that has to be shared by all of us, believing that more income for one necessarily means less income for another. But a strong economy creates wealth, enlarging the pie, and one’s share depends on one’s contribution to the growth of the pie, not on government distribution. Consider the example of Jack Kilby and Intel founder Robert Noyce. They developed a way to take a worthless resource, silicon, the second most abundant element on earth, and turn it into a silicon chip. Their ingenuity turned worthless sand into a product now essential to all of our lives. Wealth created! Those most successful at enriching our lives through improved products and services will end up at the top. Their success does not limit you. They should be applauded, not demonized.One group in the 1 percent that does deserves our disgust are those who have exploited the political power entrusted to them for personal gain. They create no product, provide no service and improve lives preferentially for those who can pay the price. The Clintons are the worst of this mob. Pay enough through speaking fees or donations to the Clinton foundations and you can be pardoned from illegally selling oil to the Iranians (see Marc Rich, $450,000 donor to the Clinton Library) or gain control over 20 percent of the U.S. uranium supply ($145 million to the Clinton Foundation from investors in Rosatom, Russia’s atomic energy agency).Still want to topple the 1 percent? Okay, then why don’t we start with the worst? Topple the Clintons.Dr. Steve BoyceCary
LETTER: Topple Clintons, not wealth creators Steve Boyce
