Mitt and the Moochers

Romney is apparently taken with the idea that many Americans, the so-called 47%, do not pay federal income tax and have become “dependent” on the government. But the really big subsidies in modern America flow to a part of its financial elite – the privileged few who are in charge of the biggest firms on Wall Street.

WASHINGTON, DC – The Republican Party has some potentially winning themes for America’s presidential and congressional elections in November. Americans have long been skeptical of government, with a tradition of resistance to perceived government overreach that extends back to their country’s founding years. This tradition has bequeathed to today’s Americans a related rejection of public subsidies and a cultural aversion to “dependence” on state support.

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