Matt Yglesias is really doing a nice job recently of pointing out the silliness of this “Socialism” meme being coughed up out of the McCain campaign over the past week or so. As Matt points out, here’s a clip of McCain when he was “less crazy” defending the idea that those who make more should have a higher tax rate. Not to mention that around this same time he opposed the Bush tax cuts that Obama wants to reverse. No one was calling McCain a socialist back then…..
Also, Yglesias posted this graph which I thought was pretty telling: