After invoking a series of pathetic and ineffective attacks on Obama, McCain has stepped up his efforts to paint Obama as a socialist. McCain has been slamming Obama relentlessly over Obama's comment that he has plans to "spread the wealth around". One could argue that Obama's plan to raise taxes on the affluent to pay for tax benefits for the middle class(and poor) is a sensible way of addressing the widening wealth gap that has exploded in recent years. Since Americans haven't traditionally favored redistributing wealth to those less endowed, McCain's assertion that this is tantamount to socialism might have held some promise for the GOP in a normal year. But in the current environment, this attack probably won't work any more effectively than McCain's attempt to tie Obama to the actions of the leader of a radical anti-war organization of the 1960's.
Since the days of Ronald Reagan, Conservative politicians have portrayed their opponents as proponents of socialism. Any effort to make the tax code more progressive has been opposed by Conservatives who don't seem the least bit concerned by the exploding wealth gap. Conservatives have steadfastly clung to a trickle-down theory even as evidence suggests that not enough wealth is trickling down to foster a robust economy which features gains by a wide swath of the population. Though economic gains have largely remained with the wealthiest Americans and have barely trickled down at all, this hasn't forced Conservatives to change their agenda one whit. This would suggest Conservatives don't care whether economic prosperity is widespread.
To their credit, Obama and the Democrats have been advocating a shift back to a more progressive tax system. This has prompted McCain to argue Obama is a socialist. In a normal year, this attack might have had some potency. But this isn't an ordinary year. To avert a financial meltdown, the government has been aggressively assisting the financial industry. If that doesn't represent socialism, I don't know what does. And I suspect the American people won't be moved much by McCain's insistence Obama is a socialist since they are observing the Bush led government embracing socialism as it tries to stabilize a rickety financial sector. Though Americans might be famous for being apolitical, I think they are astute enough to conclude that if socialism must be employed to rescue a reckless financial industry, then tinkering with the tax code to promote a bit more fairness for the little guy isn't the end of the world. The hypocrisy of McCain and most of the GOP is jarring. A government rescue of the financial industry is acceptable, but spreading the wealth to those less fortunate isn't. While McCain will try and tiptoe around this blatant hypocrisy, I doubt too many Americans will find McCain's insistence Obama is a socialist terribly persuasive.
Though McCain will undoubtedly keep trying to pin the socialist label on Obama, it isn't likely to sway enough voters to appreciably alter the race. This is because McCain can't escape the inconvenient reality that the government's recent massive intervention in propping up the financial industry undermines the notion that socialism needs to be spurned in all situations. Much to McCain's dismay, we are all socialists now.








