Personal Observations About Last Night’s Debate
1. McCain never looked at Obama. So much for being someone who can work across the aisle. Or maybe he’s just deaf in his left ear and wasn’t really sure of the format of the debate?
2. Each one of McCain’s answer’s was tied to Obama. So much for being a break-away maverick.
3. One of McCain’s snarky comments was something along the lines of “wait ’til you hear what (Obama’s) definition of ‘rich’ is.”
Yes, let’s look at this one. This is one of my biggest beefs with McCain and Republicans in general.
The Obamas earned somewhere around $250,000 last year, mostly due to the sale of Obama’s books (as in, he earned it).
The McCains? Their combined net worth is somewhere around $100 million. If you’re like me, $200,000 sounds like a lot… until you think about $100 MILLION.
So when McCain was asked HIS definition of “rich”, he said $5 million.
Obama’s tax plan includes cutting taxes for almost all Americans, but raising taxes on people making over $250,000 a year.
McCain’s tax plan will cut everyone’s taxes BUT, for average Americans like me, he’ll cut my taxes by muh less than Obama would because he reserves his most significant tax breaks for the wealthy.
All this being said, how many people are “rich”?
American wages
Percentages of U.S. households below certain income levels:
* Under $10,000: 7.5%
* Under $20,000: 19.3%
* Under $30,000: 31.0%
* Under $40,000: 41.9%
* Under $50,000: 51.4%
* Under $60,000: 59.6%
* Under $70,000: 66.4%
* Under $80,000: 72.3%
* Under $90,000: 77.0%
* Under $100,000: 80.9%
* Under $150,000: 92.4%
* Under $200,000: 96.5%
* Under $250,000: 98.1%
So, ALMOST ALL AMERICANS EARN LESS THAN $250,000/year. This doesn’t surprise me. Does it surprise you?
So, it seems that Obama’s definition of rich isn’t that far off. But I bet you dollars to donuts most of McCain’s friends and cronies are in that bracket and that’s why, during the debate, he was trying to goad Obama into admitting this definition of rich. McCain is far enough out of touch with the American people that he thinks Obama’s definition of rich includes many more Americans than it actually does.
Again: John McCain and wife Sally (just kidding. Considering I have yet to hear her speak, it doesn’t really matter to me what her name is) are MILLIONAIRES. They own SEVEN HOUSES and THIRTEEN CARS. He thinks it’s a joke that anyone earning over $250,000 a year is considered RICH. So tell me: who really believes that John McCain is thinking about THEM??
fifthdecade replied:
Nice post, nice stats, very informative. Thanks for that – more helpful than CNN!
McCain seems really out of touch, doesn’t he?
September 28, 2008 at 3:07 am. Permalink.