Tuesday, October 28, 2008

Hooray for David Gergen!

On AC360:
David Gergen: "... So I think that these arguments are -- you know, some of them get so carried away that they don't recognize the realities of what we've been going through in public policy and the big arguments about why the wealth over the last 30 years has been redistributed. It's been redistributed upwards.
As we grow, the top 1 percent is getting a disproportionate share."
Thank you!

Gergen also presented another nice talking point for the Dems to use in response to "Obama wants to redistribute the wealth... he's a Commie!":
"Now, one of the most effective popular programs we've had in the last three decades. It's called the earned income tax credit. It's a program whereby, if you're a working person, a working couple and you're below the poverty line, the government will actually give you money. That's a redistributed program. It's a program which takes money from the upper classes and gives it to the lower -- to the working poor.

Now who started that program? The earned income tax credit? Ronald Reagan. It was one of the -- it was an achievement of the Reagan administration that Bill Clinton then built on.
Again, thank you!!!

Yes, Senator McCain, let's talk about the redistribution of wealth in America!!!

1 comment:

  1. Murkins are a peculiar folk. They seem not to mind at all when wealth id re-distributed upward, but object furiously when it's redistributed downward, even, seemingly, if the downward re-distribution includes them...

    Given the static wages of the last 40 years, and the collapsing middle class, it just doesn't figger...