Kent Mitchell: Does disclosing wealth data make us communists?

I see the Chamber of Commerce regrettably failed in its lobbying to undermine a long-delayed rule under the 2010 Dodd-Frank law to disclose how CEO pay compares with that of typical workers. It’s a shame the Chamber failed to stand up for America and keep this information secret. This rule is, as one SEC commissioner stated, “a page out of the playbook of big labor,” and part of the liberal agenda to embarrass big business.

In addition, pointing out how the majority of wealth in the past decade went to the top 1 percent while income for the bottom half of Americans fell by 18 percent is all part of the politics of envy espoused by socialists and wealth distributionists such as President Obama, Pope Francis and Jesus.

Entitlements and handouts are ruining work incentive. People should be ashamed to be poor. There is no reason in this great country of ours that, with strong enough bootstraps, each and every one of us could not work our way to the 50th percentile or above. And if some of the poor fall by the wayside, sometimes you have to cut the wheat from the chafe and improve the quality of the gene pool.

This story was originally published August 14, 2015 at 5:46 PM with the headline "Kent Mitchell: Does disclosing wealth data make us communists?."