CONCORD, N.C. – Republican presidential candidate John McCain on Saturday accused Democratic rival Barack Obama of favoring a socialistic economic approach by supporting tax cuts and tax credits McCain says would merely shuffle wealth rather than creating it.We can't let that happen.
"At least in Europe, the Socialist leaders who so admire my opponent are upfront about their objectives," McCain said in a radio address. "They use real numbers and honest language. And we should demand equal candor from Sen. Obama. Raising taxes on some in order to give checks to others is not a tax cut; it's just another government giveaway."
McCain stoked the crowd by accusing Obama and his fellow Democrats of assuming they will not only win the White House but expand their congressional majority.
"Did you happen to see that Speaker (Nancy) Pelosi anticipates a 250-seat majority" in the House, the senator asked. "My friends, we can't let that happen. My friends, taxes will increase, spending and they'll concede defeat in Iraq."
Saturday, October 18, 2008
On the verge of socialism
McCain is just calling a spade, a spade.