May 9, 2015
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8:24Now Playing"Rep. Darrell Issa (R-CA) built his personal fortune, estimated to be nearly $450 million, by selling car alarms. So there was something a bit incongruous about comments he made during an interview with CNN Money’s Cristina Alesci this week in which he described America’s poor as “somewhat the envy of the world.”
“America’s the richest country on Earth because we’ve been able to put capital together and we’ve been able to make our poor somewhat the envy of the world,” Issa said in response to the issue of income inequality. “If you go to India or you go to any number of third-world countries, you have two problems: you have greater inequality of income and wealth. You also have less opportunity for people to rise from the have-not to the have.”
When Alesci suggested that the U.S. should “set the bar” higher than a comparison to India, Issa cut her off, asking, “Why shouldn’t we?” He continued, “I appreciate your comment, but you’re wrong. You do have to compare yourself to the rest of the world. We compete with the rest of the world.”"
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