The wealth trap: Mitt Romney’s money could be a campaign liability

Lisa Miller, New York Magazine contributing editor, sits down with “Viewpoint” host Eliot Spitzer to discuss her recent article “The Money-Empathy Gap,” in which she explores how social scientists are researching whether money impacts personality and behavior.

“Now, especially in this political environment, having a lot of money can be seen as a problem,” Miller says. “And the fact that there’s this, you know, group of ‘haves’ and group of ‘have-nots,’ and they can’t speak to each other and they have completely different priorities — this has made it an interesting area for social scientists.”

Spitzer references Mitt Romney’s weekend fundraising spree amongst the “haves” of the Hamptons.

“It’s particularly relevant in the Romney situation, right?” Miller points out. “There’s a lot of conversation about why Romney doesn’t connect, and maybe one reason, if this research is right, is that, you know, he’s got too much money.”

For more from Lisa Miller, check out: Advice for the rich: Harvard study shows giving money away will make you happier