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.Thank you!
As we grow, the top 1 percent is getting a disproportionate share."
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.Again, thank you!!!
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.
Yes, Senator McCain, let's talk about the redistribution of wealth in America!!!