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Romney isn't the only candidate who's richer than the voters

It started with the mockery of Mitt Romney for offering to make Rick Perry a $10,000 bet -- who can afford a $10,000 bet? -- and continued with Romney and Newt Gingrich accusing each other of ill-gotten gain.

Romney demanded that Gingrich return the $1.6 million he received from Freddie Mac; Gingrich said Romney should give back the millions he made during his time at Bain Capital, a firm that sometimes laid off employees as part of reorganization efforts.

The subtext of these controversies is that well-heeled candidates are out of touch with ordinary people -- the 99%, in current parlance. But if that were the case, President Obama would be disconnected from the electorate too, though his net worth isn't in the Romney league. 

Voters should accept the fact that their presidents -- and would-be presidents -- will be richer than they are and move on. So should the candidates.


Gingrich: Even his sister doesn't want him to win

News flash: Romney takes a stand, and sticks to it

What does Obama know about the 99%? [Most commented]

 --Michael McGough

Photo: Mitt Romney and Newt Gingrich speak during Saturday's Republican presidential debate in Des Moines. On Monday, the two were campaigning in New Hampshire. Credit: Kevork Djansezian / Getty Images


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The Opinion L.A. blog is the work of Los Angeles Times Editorial Board membersNicholas Goldberg, Robert Greene, Carla Hall, Jon Healey, Sandra Hernandez, Karin Klein, Michael McGough, Jim Newton and Dan Turner. Columnists Patt Morrison and Doyle McManus also write for the blog, as do Letters editor Paul Thornton, copy chief Paul Whitefield and senior web producer Alexandra Le Tellier.

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