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

Discussion in 'Congress' started by Octoldit, Nov 2, 2008.

  1. Octoldit
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    Octoldit VIP Member

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    By Alexander Zaitchik, AlterNet
    Posted on November 1, 2008, Printed on November 2, 2008
    McCain's Big Backfire: Majority of Americans Like the Idea of Spreading the Wealth | | AlterNet

    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.

    Do not post entire articles please.
     
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  2. oldunclemark
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    oldunclemark Senior Member

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    These two GOP 'candidates' are just too dumb to understand they are out of touch.

    Most peole WANT redistribution of wealth in an era when EXXON
    and CHEVRON continue to post world record profits..
     
  3. DavidS
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    DavidS Anti-Tea Party Member

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    AlterNet? Are you serious?
     
  4. bk1983
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    bk1983 Off too Kuwait..

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    PRINCETON, NJ -- A majority of Americans (58%) say money and wealth should be more evenly distributed among a larger percentage of the people, although slightly less than half (46%) go so far as to say that the government should redistribute wealth by "heavy taxes on the rich."

    Americans Split on Redistributing Wealth by Taxing the ?Rich?
     
  5. Chris
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    Chris Gold Member

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    90% of the people of America control 4% of the wealth.

    Doesn't that seem wrong?
     
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  6. jschuck12001
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    jschuck12001 Senior Member

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    I dont think it seems wrong and spreading the wealth thru taxes wont change that percentage so when you say things like that you make it sound like every one of those people were born wealthy and many were not. If you work hard, have a great idea or bust your ass in school and you become wealthy thats not a bad thing and it shouldnt be looked at that way. Not everyone will be wealthy but at the same time when the economy is bad I do think you should contribute according to your income. Higher taxes for the wealthy dont have to be forever. I think the majority of America is for spreading the wealth because its the only way they can seek redemption for this bailout money.
     
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  7. Chris
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    Chris Gold Member

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    The BBC reported startling economic equality figures in a recent documentary: the top 200 wealthiest people in the world control more wealth than the bottom 4 billion. But what is more striking to many is a close look at the economic inequality in the homeland of the "American Dream." The United States is the most economically stratified society in the western world. As THE WALL STREET JOURNAL reported, a recent study found that the top .01% or 14,000 American families hold 22.2% of wealth — the bottom 90%, or over 133 million families, just 4% of the nation's wealth.

    Bill Moyers Journal . Steve Fraser on Gilded Ages | PBS
     
  8. frazzledgear
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    frazzledgear Senior Member

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    Actually this is so incredibly misleading I can't believe you even posted it. Americans don't have a problem with a progressive tax code if they believe those taxes are used for those things that benefit all -such as defense, education and infrastructure.

    But if asked if they approve of increasing taxes (even on just the wealthy) so that government can turn around and give it out as an entitlement to those who did not earn it -they OVERWHELMINGLY disagree with it. Massively disagree with it. And unfortunately, since Obama has said he will inflict higher taxes on the wealthy in order to give it to the other 95% (whether they pay taxes or not) -this is exactly what Obama meant by the comment. It is a comment very much in line with his own book where he describes his attraction to Marxism. But is in no way an American value.
     
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  9. editec
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    editec Mr. Forgot-it-All

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  10. BlackAsCoal
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    Anyone who actually believes that Obama plans to "spread the wealth" .. I have a bridge to nowhere to sell you .. that Obama voted for .. even though he knew it was just pork.

    At some point Americans will have to stop just listening to the music and pay attention to the words.

    Here's what the words say .. "bailout is a rescue plan" .. sung by Obama.

    If he really planned to do something about the imbalance of wealth, the BAILOUT was a great place to start.
     

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