Monday, November 03, 2008

Obama Keeps Defining Rich Down

First it was $250,000. Then it was $200,000. Now, we've got Obama and his fellow Democrats saying $50-70,000. Yeah, do you feel richer for knowing that you're now considered rich by the Obama campaign and its Democratic party allies?

Hillbuzz has the video.

As I pointed out yesterday, Obama's plans for the coal industry would amount to yet another tax on everyone - regardless of your income level. The cap and trade fees would be passed on to the end users; the companies that don't go bankrupt would be forced to pass on the costs to the consumers. Everyone would pay higher energy costs as a result because 50% of the nation's electricity is generated from coal.

No comments: