According to the Wall Street Journal:
While the fine old word “elite” has become a pejorative, its official definition has not changed. The New Oxford American Dictionary defines elite as “a group of people considered to be the best in a particular society or category, esp. because of their power, talent, or wealth.” With that definition in mind, who would not want to be called elite? Yet to be accused of being an elite is now akin to being identified as evil, if not criminal.
The fundamental duty of politicians is to deserve and fairly earn election and then to render honorable service.
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