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Obama Camp Hits McCain’s Elitist Millionaire Delusion « The Washington Independent

Jul 31, 2020
There’s an old saying in American politics — elections are not decided by the producer price index. Sen. Barack Obama’s campaign is jumping on today’s jump in the index, though, with a statement from Economic Policy Director Jason Furman assailing the Bush-McCain economic agenda:
The unexpected jump in the Producer Price Index announced today is just further confirmation of that our economy is failing hard-working American families. This economy may be working for the multimillionaires that John McCain considers part of the middle class, but with prices rising and wages stagnating, tens of millions of typical American families are falling behind.
The Obama campaign is bearing down on Sen. John McCain’s risible statement at the Saddleback forum on Saturday, when he estimated that it takes a whopping $5 million annual income to be rich in America(!) (video below). Furman hit that point again after contrasting the candidates’ economic plans:
While Sen. McCain continues to stand in the way of short-term assistance for these families, Barack Obama
Hajra Shannon

Hajra Shannon

Hajra Shannona is a highly experienced journalist with over 9 years of expertise in news writing, investigative reporting, and political analysis. She holds a Bachelor's degree in Journalism from Columbia University and has contributed to reputable publications focusing on global affairs, human rights, and environmental sustainability. Hajra's authoritative voice and trustworthy reporting reflect her commitment to delivering insightful news content. Beyond journalism, she enjoys exploring new cultures through travel and pursuing outdoor photography
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