August 18, 2008
Obama desperation starting to show
Barack Obama seems to think he can recover some of the ground he lost at the Saddleback Forum by seizing on John McCain's joking reference to $5 million a year as rich. Reuters reports:
"I guess if you're making $3 million a year, you're middle class," Obama told a campaign event in New Mexico."That's reflected in ... his policies," Obama said, adding McCain would give a $500,000 tax credit to people making more than $2.5 million.
McCain's actual answer included, "Let's not have the government take over the health care system in America. So, [applause] so, I think if you're just talking about income, how about five million? So, [laughter] but seriously, I don't think you can... and I'm sure that comment will be distorted, but the point is... we want to keep [all] people's taxes low."
It was obvious from his tone and the context of his answer that he was simply tossing out an absurd number to make his point -- he's not interested in raising taxes. Rather, he wants to lower them for everyone.
In contrast, Obama admitted that if elected he's raising taxes. That's where this discussion should be focused.
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