Category

wealthiest americans

Why the Wealthiest Demographic Groups in the U.S. Should Vote for Obama

By Parthiv N. Parekh

It was precisely at the end of eight years of the most recent Republican presidency that the country was brought down to its knees financially. How can a party take a healthy budget surplus, and in just eight years, convert it into the most disastrous financial meltdown seen in over 70 years—if indeed it were the party of wealth creation? (A blind worship of tax cuts even through a costly preemptive war was one factor.) Wealth and enterprise are synonymous with Indian-Americans. Ditto for Jewish Americans, another very prosperous and enterprising community. If the Republican Party were truly the better choice on these counts, why have these two—the wealthiest demographic groups in America—consistently aligned with the Democratic Party?