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Alternet: "McCain has been stumping for Obama all week"

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Glenda Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-01-08 06:00 PM
Original message
Alternet: "McCain has been stumping for Obama all week"
http://www.alternet.org/democracy/105652/mccain_has_been_stumping_for_obama_all_week:_majority_of_americans_like_the_idea_of_spreading_the_wealth/

"McCain's Big Backfire: Majority of Americans Like the Idea of Spreading the Wealth"

By Alexander Zaitchik, AlterNet. Posted November 1, 2008.


John McCain and Joe the Plumber are campaigning for Barack Obama, and they don't even know it. The more McCain has ramped up his attacks on Obama as a "spreader of wealth," the more the country has lined up behind the Democrat's plan to spread the wealth. If McCain's economic agenda was a gun and his attacks on Obama's agenda the bullets, the old soldier would have shot both his feet clean off a long time ago.

...

The final national polls before Tuesday all show a national hunger for national wealth redistribution downward. An Ipsos/McClatchy poll finds that likely voters prefer Obama's tax plan to McCain's by 8 points. Pew says Obama added to his edge on taxes and the economy between mid-September and mid-October by 6 points, jumping from 44 to 39 earlier to 50 to 35. On Oct. 30, Gallup released results showing Americans favor Obama's style of wealth spreading by a whopping 58-to-37 margin.

...
Says Dean Baker, co-director of the Center for Economic and Policy Research: "Obama inoculated himself against this attack by saying that he would cut taxes for 95 percent of the public. Basically, McCain was trying to make things up, and most people didn't believe him."

...
(About Socialism): Actually, those are two distinct groups -- those who don't understand the word or its gradations, and those who do and wouldn't mind living under most of them.


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DrPresident Donating Member (348 posts) Send PM | Profile | Ignore Sat Nov-01-08 06:01 PM
Response to Original message
1. Now that is RIGHT ON
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icnorth Donating Member (954 posts) Send PM | Profile | Ignore Sat Nov-01-08 06:04 PM
Response to Original message
2. It took a while
but it seems a large number of voters have finally decided that "trickle down" doesn't
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LisaLynne Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-01-08 06:06 PM
Response to Reply #2
3. Yeah, about time people figured that out.
Doesn't trickle down -- blasts upwards.
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Chulanowa Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-01-08 06:23 PM
Response to Reply #2
5. I think it was decided long ago
Say, the mid-80's when the economy was crap after Reagan chewed it up and spat it out. Trouble is, Barack Obama is the first candidate in twenty years who shares the sentiment - perhaps because he grew up politically during the 80's.

The wealth of the few is gained only by the prosperity of the many. When the lower and middle classes are doing well, they buy and invest, resulting in prosperity for those at the top who they are buying from and investing in. The reverse is not true, and is sort of like the Republican meme of the rich "giving" jobs to people
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Overseas Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-01-08 06:06 PM
Response to Original message
4. Alright! Finally! I was hoping that would happen.
Spreading wealth = Yes, please, we need it !

That's what I always felt when I heard the phrase-- yes, please !

And once they heard about how anti-wealth-sharing McHate also wants to tax their medical benefits as income, while extending the tax cuts for the super wealthy, I'll bet that helped clarify things.

And the reminder they got recently to compare the economy during Bill Middle-Class-Tax-Cut Clinton years
versus the current Bush McCain Country Club First economy probably helped too.

And that socialist rag, The Economist, endorsed Obama too.
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AwakeAtLast Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-01-08 07:36 PM
Response to Original message
6. That's because we have been a captive audience to the WS Bailout "Spread the Wealth" show
It looks good for Wall St., so it looks good to us, too.

Funny thing, Logic. ;)
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Glenda Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-01-08 09:59 PM
Response to Original message
7. shameless kick
:kick:
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4lbs Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-01-08 10:06 PM
Response to Original message
8. When the MSM reports that a product has sold millions of copies or units, who do they think are
Edited on Sat Nov-01-08 10:06 PM by SurferBoy
doing all that buying? The middle class or the rich?

So, if businesses want to sell millions of units, shouldn't they favor economic methods that help the middle class get more wealth, which can then be used to buy products?


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