July 17, 2008
One of the most naive notions is that politicians are trying to solve the country's problems, just because they say so-- or say so loudly or inspiringly.
Politicians' top priority is to solve their own problem, which is how to get elected and then re-elected. Barack Obama is a politician through and through, even though pretending that he is not is his special strategy to get elected.
Perhaps a defining moment in showing Senator Obama's priorities was his declaring, in answer to a question from Charles Gibson, that he was for raising the capital gains tax rate. When Gibson reminded him of the well-documented fact that lower tax rates on capital gains had produced more actual revenue collected from that tax than the higher tax rates had, Obama was unmoved.
The question of how to raise more revenue may be the economic issue but the political issue is whether socking it to "the rich" in the name of "fairness" gains more votes.
Posted by: tim at July 17, 2008 11:31 AM (nno0f)
Posted by: david foster at July 17, 2008 12:05 PM (ke+yX)
Posted by: Nicole at July 17, 2008 01:02 PM (sBJ2p)
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