Sarah Palin gave a stump speech at the University of Findlay in Findlay Ohio on Wednesday. It was her standard stump speech tweaked to give the Findlay faithful a shout out. Unfortunately, many of the items she pointed out weren’t truthful but the crowd responded as if it were true. It’ss ironic because back in June much of Findlay were up in arms when a Washington Post reporter did a story about some people who believed the various false rumors about Barack Obama. I guess McCain and Palin think Findlay people are stupid.
“He got our opponent to state his intentions in plain language. Senator Obama says now he wants to spread the wealth. What that means is government takes your money and doles it out however a policitian sees fit,” Mrs. Palin said to big cheers.
“Barack Obama calls it spreading the wealth. Joe Biden calls it patriotic. From right here in Ohio, Joe the Plumber said to him it sounded like socialism,” Mrs. Palin said.
She claimed that Mr. Obama wasn’t happy about the encounter.
“It seems their staged photo op got ruined by a real person’s question,” she said.
Both John McCain and Palin have been hammering on this “share the wealth” mantra even calling Obama a Socialist.
What is failed to be reported is that in the exchange with “Joe the Plumber”, Obama didn’t say he would take Joe’s money and give it away or redistribute it. Here is the transcript from the video of the exchange in Holland, Ohio:
Obama: And I do believe that for folks like me who are, you know, have worked hard but, frankly, also been lucky, I don’t mind paying just a little bit more than the waitress who I just met over there, who’s … things are slow and she can barely make the rent. Because my attitude is that if the economy’s good for folks from the bottom up, it’s gonna be good for everybody. If you’ve got a plumbing business, you’re gonna be better off if you’ve got a whole bunch of customers who can afford to hire you. And right now, everybody’s so pinched that business is bad for everybody. And I think when you spread the wealth around, it’s good for everybody. But, listen, I respect what you do and I respect your question. And even if I don’t get your vote, I’m still gonna be working hard on your behalf ’cause I want to make sure … small businesses are what creates jobs in this country and I want to encourage it. All right.
Here is the actual video of the encounter. The part I quoted above begins about the 4 minute mark of the 5 and half minute video.
Now if one understands English, the context is quite clear. Obama believes, as many people do that when everybody has money to spend then everyone benefits and that the foundation of economics in the US is the small business. This is the opposite view of people who favor the trickle down idea – giving tax breaks to the rich in the hopes their spending will trickle down to the rest of us. Obama’s view is the bottom up idea. Cutting taxes for those below the $250,000 income level would free up money for a large portion of people.
Cutting taxes for the rich and those who invest doesn’t put money in people’s pocket quick enough to help small businesses – if at all. It isn’t socialism just a different idea on how to fix the economy.
Of course Palin and McCain knows all this. Back in 2000, John McCain said much the same thing that Obama said to “Joe”:
Just another example of how indispensable Jon Stewart and the Daily Show are, catching things the media don’t. McCain and Palin (indeed, the entire GOP establishment) have been bashing Obama as a “socialist” the past few days for having the audacity to propose raising the top tax rate from 36% to 39% while giving working folks (95% of the rest of us) some relief. The only problem: Stewart dug up footage of McCain making the exact same argument a scant eight years ago.
Stewart: “Now you can argue that this country has dabbled in socialism ever since the income tax was introduced, and that calling Obama’s plan ‘socialist’ is a cynical ploy that even McCain realizes is a bankrupt tactic. Or, should I say, realized.”
Audience member: “Why is it that someone like my father who goes to school for 13 years gets penalized in a huge tax bracket because he’s a doctor.”
McCain: “I think it’s to some degree because we feel obviously that wealthy people can afford more.”
Audience member: “Are we getting closer and closer to, like, socialism?”
McCain: “Here’s what I really believe: That when you reach a certain level of comfort, there’s nothing wrong with paying somewhat more.”
Stewart: “That, of course, is the late socialist leader John Mccain. I believe he passed away during the Republican primaries. He will be missed.”
McCain and Palin are counting on Findlay citizens to be stupid and based on the cheers during Palin’s speech, it seems they might be right – or they are hypnotized by her flashy wardrobe.