Obamanomics – bring it!

Shizzam! More people need to get this into their domes: just because McCain talks a big game about tax cuts doesn’t mean that anyone but a very, very small group of people would actually get a tax cut under a McCain Presidency. This NYTimes Magazine article on the ins and outs of Obama’s economic plan drives home the fact that Obama really is “the tax cutter in this race.”

All told, Obama would not only cut taxes for most people more than McCain would. He would cut them more than Bill Clinton did and more than Hillary Clinton proposed doing. These tax cuts are really the essence of his market-oriented redistributionist philosophy (though he made it clear that he doesn’t like the word “redistributionist”). They are an attempt to address the middle-class squeeze by giving people a chunk of money to spend as they see fit.

Is this going to make everyone in America who doesn’t make $250k/year suddenly see the light? Probably not. Could it possibly change the minds of at least some Thomas Franks-style GOPers? Sure—but only if they find out about it. That means a big push from the Obama campaign.

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