Obama's Alternate Universe

The Refugee couldn't believe his ears. He was listening to Fox News on satellite radio and heard E.D. Hill inteviewing an Obama spokesperson about tax issues (Laura somebody-or-other; The Refugee was not quick enough on the uptake to get her last name while driving). E.D. asked about Obama's plans to increase taxes, and the spokesperson indicated that Obama was going to actually cut taxes. The conversation went something like this:

E.D.: "But won't Obama increase the capital gains tax?"

Spokesperson: "No. Obama has proposed a capital gains tax rate of 20%, which is lower than the rate in the 1990's. Therefore, it's actually an overall economic tax cut."

WOW!! So, if the rate is lower than at any point in history, it's a cut. The Refugee perhaps should not be so shocked, as this is from the same party that calls a 3% budget increase a spending cut (because it was less than 5%). Even so, what alternative universe is Obama in? That's like a doctor telling a patient that he's really lucky to have lung cancer - because he doesn't also have brain and liver cancer.

Actually, this rationale speaks less to Obama's economic acumen than it does to his regard for the body politic. Apparently, he thinks we're all a bunch of frickin' idiots if he thinks we're going buy this dog food.

Presidential Race 2008 Posted by Boulder Refugee at August 19, 2008 7:16 PM