Thursday, October 16, 2008

McCain: Pro-hoarding

Via Ezra Klein:
"Again and again, he promised Joe the Plumber that unlike Barack Obama, he wouldn't take Joe's wealth. He'd leave it with Joe.

But the rest of the country has been living amidst the sharpest inequality since the 1920s. Median wages have stagnated for a decade while the rich have reached almost supernatural heights of opulence. For most folks, spreading the wealth around probably seems like a good idea. It probably seems like the fair thing to do, particularly as we now see that much of that wealth was built off risky trading strategies that have now dealt a gut punch to the broader economy, and thus the pensions and incomes of the rest of us. In the most unequal economy in modern times, McCain had just declared himself pro-hoarding.
"
We shouldn't have to hit rock bottom to know we can be better than this.

Source: Ezra Klein

No comments: