This fish is rotting from the head back.
People have spent a decades watching failed CEOs walk away from bankrupt companies after drawing years of lavish pay for bad decisions or bailing out of failed businesses with golden parachutes, and now they are watching as failed CEOs continue to draw multi-million dollar compensation at failed businesses bailed out with average citizens tax dollars.
The result: average citizens have come to understanding that once you reach a certain level of “success”, you are “entitled” to lavish reward at stockholder and/or taxpayer expense no matter how badly you screw up.
It used to be that average Americans dreamed of becoming wealthy, after a decade or two of observing how it actually works, now they feel increasingly entitled to act like them.
That’s a good point. People are right to draw those conclusions. Why be a sucker?