Labor's Pains

Monday, February 13, 2012

Mitt Romney Earns More by 6 a.m. Than Many Seniors Do in a Year | AFL-CIO NOW BLOG

Mitt Romney Earns More by 6 a.m. Than Many Seniors Do in a Year AFL-CIO NOW BLOG

In 2010 Mitt Romney made $21.7 million, while that same year the average senior citizen received $14,000 in Social Security benefits.

Put another way, Mitt Romney made more by 6:00 a.m. on January 1 than many retirees did the entire year. His daily income was over four times greater than many seniors’ annual income.

Why does this matter? Shouldn’t his finances be none of our business? To me, it matters because of how sharply it contrasts with his plans to increase the Social Security retirement age, lower benefits for some seniors, and let Wall Street gamble away—and profit from—a privatized Social Security system. It reflects a cold indifference to those less fortunate.

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