Why Charles Koch hates poor people so much is a question psychologists and sociologists could answer


Charles Koch

Multimillionaire Charles Koch

Multimillionaire Charles Koch claims that people who make $34,000 a year are within the wealthiest 1% in the world (Charles Koch Foundation: An Income Of $34,000 Puts You In The Wealthiest 1 Percent, Huffington Post by David Winograd 7/11/2013).

While it is true that $34,000 a year will make you pretty well-off in some parts of the world, what matters is where you are in the world with your money. Charles Koch and all the people to whom he was addressing his message happen to be living in the U.S. where — any student of economics could tell Mr. Koch — $34,000 a year would rank a person in the bottom of the economic totem pole, placing them in the poverty level.

Charles Koch’s success stems from inheriting a lot of money and learning to how keep it safe by all means good and bad. He knows that his assertion about people making $34,000 a year is downright misleading. So why is Charles Koch spending tons of money in an advertising campaign that makes the ridiculous claim? Is it because he wants to make sure the government stops protecting low- and middle-income people? Or is it simply because he despises the unfortunate? These are questions that psychologists and sociologists could answer.

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About Julius Willis

A former Philippines newspaperman and businessman, Julius resettled in California, USA, where he simultaneously worked as an instructional and technical writer and engineering department manager and taught college for 26 years. Now retired, he serves as a member of the City of Hayward's Planning Commission, the Alameda County Housing & Community Development Advisory Committee, and the Advisory Board of CSU-East Bay's Center For Filipino Studies. He is also on Hayward's General Plan Task Force.
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