No Margin for Error

October 17, 2008

About that Joe the Plumber exchange…

Filed under: Economics — nomarginforerror @ 3:10 am

Dennis Prager on Thursday’s show:

“They don’t offer that the policy will help. That’s not even their argument. They don’t even make the argument it will help the economy. Have you noticed that? They never make that argument. The argument to Joe the Plumber – which is why the Joe the Plumber thing was so important – was not ‘Well Joe you have to understand the reason I want you who has worked 10 to 12 hours a day, the reason I want you to pay more money in your plumbing company because you earn more than $250,000 is that it will be better for the American economy…’ he didn’t say that.”

The reality is a bit different. Barack Obama did say to Joe that his policy will be good for the economy. In the now infamous exchange, Barack Obama said,

“My attitude is that if the economy is good for folks from the bottom up, it’s going to be good for everybody. You’ve got a plumbing business. You’re going to be better off if you’ve got a whole bunch of customers who can afford to hire you. And right now everybody’s so pinched and business is bad for everybody and I think when you spread the wealth around, it’s good for everybody.”

Dennis Prager is under no obligation to agree with Barack Obama’s economic philosophy. It would be nice, however, if he reported the exchange accurately.

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