Posted by
Always To The Right on Tuesday, October 21, 2008 12:08:46 PM
John McCain continues to improve his message while campaigning through
swing states. In Pennsylvania today, McCain used Barack Obama’s support
for both the Phillies and the Devil Rays as a revealing moment about
Barack Obama the politician. He will say and do anything to get
elected, but afterwards …. well
McCain didn’t let up on the lessons of Joe the Plumber, either:
After months of campaign trail eloquence, we’ve finally
learned what Senator Obama’s economic goal is. As he told Joe, he wants
to quote “spread the wealth around.” He believes in redistributing
wealth, not in policies that grow our economy and create jobs and
opportunities for all Americans. Senator Obama is more interested in
controlling who gets your piece of the pie than he is in growing the
pie. This explains some big problems with my opponent’s claim that he
will cut income taxes for 95 percent of Americans. You might ask: How
do you cut income taxes for 95 percent of Americans, when more than 40
percent pay no income taxes right now? How do you reduce the number
zero?
Well, that’s the key to Barack Obama’s whole plan: Since you can’t
reduce income taxes on those who pay zero, the government will write
them all checks called a tax credit. And the Treasury will have to
cover those checks by taxing other people, including a lot of folks
just like Joe.
That may be the best stump-speech explanation I’ve heard yet from
McCain about Obamanomics. How do you reduce zero? You start another
branch of welfare, and you rob capital from sources that could
otherwise create jobs to do it. That won’t grow the economy, but it
will expand the dependent class who will then vote to protect the
patronage they receive. That’s another version of the Chicago Way.