Not particularly. The problem is the we have a high number of unemployed. We haven't had 15 percent effective unemployment since 1930, and that was a time of great hardship. Europe has had a free-spending government for years, but the revolutions threatened in Greece are due to high unemployment and lack of a visible way to get jobs. Capital has to be safe to create jobs. When it's taxed highly, expropriated by government, or overly restricted by regulations, it is not safe. Capital flees to safe areas with lower regulations, which is why China is finally growing economically. Wealth does not bother Americans, lack of well-paying jobs does. About 90 percent of the difference in income for Americans between low income and middle income is due to unemployment. The difference between middle income and high income has two main factors: education and access to capital.
No, not at all. This question is very vague. Of course times are hard for lots of people. It's kind rude to accuse them of envy on top of that. Like they're supposed to be happy wondering how to send their kids to college while CEO like the Twinkie dudes laugh all the way to the bank.