Perhaps you all have caught The Loin's new advertising campaign. Its theme is: "Obama is an oblivious rich elitist (though of course he has a mere fraction of The Loin's wealth) who wants to raise taxes on hardworking middle-income Americans." Obviously, this is not true.
Estimated Effect of Obama and The Loin's Tax Plans by Income Cohort
Original source here.
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My guess is that for various reasons (modesty, lack of understanding, inability to relativize and compare one's own financial situation to that of the majority) most Americans right up to the 90th or 95th percentile on that table still consider themselves "just your average hardworking American," so there's a certain amount of strategical sense to the nonsense of McCain's argument.
ReplyDeleteAre you really in Kenya? What's that like? Fun?
ReplyDeleteYeah I have been here for four weeks and I am staying another four. I'm doing an 8-week course on a Kenyan/British army base to get Explosive Ordnance Disposal certification. I play football, get sunstroke, and have approximately 32 conversations about Barack Obama with the locals per day.
ReplyDeleteYou make a pretty strong point Chis in Kenya. Still, the actual facts are a useful collateral supplement to the ongoing political debate.
ReplyDeleteOh, and for future reference, we (i.e., you included) Americans use the term "soccer." Unless you were tossing around the pigskin and experimenting with the 3-4 defen[s!]e, your usage of the term "football" is inappropriate.
Quite right, I apologize. I meant soccer. I figured that since this predominantly (exclusively?) American crowd was so keen on adopting as European a concept as socialism, they would be comfortable with a bit of vocabular adaptation as well.
ReplyDeleteBut your emphasis on the "s" in defense had me rolling in the aisles here... Could have something to do with the fact that I just drank a bunch of Tusker, the beer named after the elephant that killed one of the brewery's founders....
Tusker
I hate to spoil the fun by means other than a proud public display of genitals, but there is a certain degree of wrongness in Mr. Finley's post that cannot go uncorrected. Obama may not be the mogul the GOP paints him, but neither is McFig-Newton the be-monocled fat cat we would paint him; his wife, Cleopatra McFrankenstein is the one with the serious cabbage. We malign the Republican choice for Grand Vizier of the Americas by suggesting that he understands economics enough to create his own fortune. No, gents, that sort of expertise you're more likely to find among elitist blue-bloods from such Democratic, ivory tower-studded, intellectual hubs as Illinois and Arkansas. Also, I had no idea that Tusken raiders were active in Kenya. Are you sure it was them? My gut tells me that only Imperial stormtroopers could be so precise...
ReplyDeleteI'm not ready to go down the "fottball" path. I support an American-apple-pie socialism.
ReplyDeleteQuite right, Schneider. I ran your post through a Babel Fish translator, and you are correct that the money belongs to the Slut.
Maybe I was wrong. When asked to define the word "rich," McLoin offered the following cogent reply:
ReplyDelete"I think if you are just talking about income, how about $5 million? But seriously, I don't think you can — I don't think seriously that — the point is that I'm trying to make here, seriously — and I'm sure that comment will be distorted — but the point is that we want to keep people's taxes low and increase revenues."
He has also been unable to give a solid figure on the number of houses he owns. I would offer the following definition of rich: unable to recall how many houses one owns.
Although, in all fairness, it is clear from McLoin's statement that, if nothing else, he is a very serious person.
ReplyDeleteNot to defame your graph, but the Washington Post had a very good version of this graph a couple days ago. It had color and everything. This blog's influence obviously had an effect on running the story. Keep up the good work!!
ReplyDeleteAre you saying my graph isn't good?
ReplyDeleteWhoa, let's all take a step back and a deep breath (go ahead, take one of each. I'm in generous mood). I think it's clear that Mike isn't saying the graph is bad; he's saying you personally, as a person, are no good.
ReplyDeleteTouchy.