In defense of the 1 percent

Face it: The 1 percenters “generally have the nerve, drive, and self-assurance that the rest of us could only dream of,” said John Tamny of Forbes.com.

John Tamny

Forbes.com

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Face it: The 1 percenters “generally have the nerve, drive, and self-assurance that the rest of us could only dream of.” And that includes those Wall Street bankers and traders unfairly maligned for just “moving money around.” In fact they make lots of money because they do work that “very few know how to do.”

F. Scott Fitzgerald was right: The rich are different from you and me. They “generally work a lot harder and smarter” than the rest of us, and they “make all of our lives easier, cheaper, and more entertaining.” It’s time we stop criticizing them and start thanking them.