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Saturday, October 18, 2008

Getting tired of the "redistributionist/socialist" nonsense:

This time from McCain himself:
Republican presidential candidate John McCain on Saturday accused Democratic rival Barack Obama of favoring a socialistic economic approach by supporting tax cuts and tax credits McCain says would merely shuffle wealth rather than creating it.

"At least in Europe, the Socialist leaders who so admire my opponent are upfront about their objectives," McCain said in a radio address. "They use real numbers and honest language. And we should demand equal candor from Sen. Obama. Raising taxes on some in order to give checks to others is not a tax cut; it's just another government giveaway."
Obama's tax policy is designed to make the middle class pay less, and the rich pay more, for things like the bank bailout. Obama is not proposing "giving checks to others" as we generally think of it. There may be tax refund checks after filing a 1040, but that's not a transfer of money from person A to person B.

And another thing, "socialism" is the government conrtolling or owning businesses. What we have in the United States is Welfare Capitalism, not socialism.



2 comments

The highly paid men and women who run his campaign are assholes, and desperate. A tax break for 95% of us serfs is not socialism. Since 1969 wealth has trickled up to the top 10%. They want more? Our labor creates that wealth. So what is that shifting of wealth called? Besides free market feudalism? Maybe "spreading the wealth" (socialism) to the top 10%? Assholes.

By Anonymous Anonymous, at 10/18/2008 8:23 PM  

And another thing, "socialism" is the government conrtolling or owning businesses.

Yep: socialism is when government owns and/or controls the means of production.

Taxation isn't socialism.

By Anonymous Anonymous, at 10/19/2008 11:33 AM  

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