Saturday, January 28, 2012

Romney Would Rank Among Richest Presidents

Last week in class the participation leaders had us play a game where we tried to guess the amounts of money presidents made. The amounts were shocking. An article I found on USA Today talked specifically about Mitt Romney and how much wealth he had. According to the article, you could add the wealth of the last eight presidents then double the number and then you would be in Romney territory. The article proclaimed "he would be among the richest presidents in American history if elected - probably in the top four". Personally I could care less about how much money he has and I don't understand why people tend to make such a big deal of it. I don't think the amount of money someone has should be a factor in deciding whether or not to vote for him/her or if he/she should be president. What do you guys think???

9 comments:

  1. I agree with Mike, it makes no difference in my opinion, whether or not a president is insanely wealthy or not. It shouldn't matter to the voters how much he has just what he stands for. My only concern is; how will his income impact his campaign? Does it give him more influence than the others?

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  2. I agree with both. Although wealth is certainly helpful when campaigning, the candidate's views on the issues are what is truly important to voters.

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  3. I agree as well. Although I think it's nearly impossible to campaign at all without a substantial amount of money.

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  4. I agree that the amount of money a person has shouldn't determine if they receive your vote or not, however, I think the amount of wealth a candidate has definitely tells you something about the character of the individual.

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  5. I don't think that the amount someone has really matters but like everyone else says it helps with campaigning. It helps get his name out there more but once people are in the voting booth the candidate could have all the money in the world and it won't matter

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  6. I agree that his wealth helps get his name out there, but being known for how much money one has is not necessarily a good thing. It shouldn't matter in the voters' eyes.

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  7. I think one of the only important aspects we can draw from investigating potential candidate wealth is conjecturing about the potential policy decisions that this candidate may make as president. Goldman Sachs is one the central players that manages the Romney family fortune. In addition, Goldman employees make up Romney's biggest source of donations. It would be safe to assume that he would oppose much of the recent financial reform legislation as he openly stated a desire to repeal the 2010 financial reform legislation. This is not going to be popular with voters as mistrust of large financial institutions is at an all-time high.

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  8. I agree with what has been said above, how the wealth of Romney shouldn't impact the views of people vote for them one way or the other. However, Ryan has a great point about the policies that could possibly be expected from him.

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  9. I think it is also important to think about how money can negatively impact Romney. His fortune makes him less relatable to what the article calls the "average Joe", who is 1800 times less wealthy than Romney. These individuals may believe that someone with that much wealth cannot possibly have the same views.

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