Obama, the Wealth Spreader

Illustration by David Gothard for TIME

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Seven years ago, as Brokaw pointed out, McCain himself was sounding redistributionist, complaining about President Bush's tax cuts. Campaigning against Bush in 2000, he said that "when you ... reach a certain level of comfort, there's nothing wrong with paying somewhat more." Obama has said no more than this, except to set the "level of comfort" at $250,000, which is pretty comfortable. McCain is free to argue that Obama will raise taxes on people making less than $250,000. My bet is that whoever wins the election will be forced to. But his apparent belief that the very expression "spread the wealth" puts Obama beyond the pale is so out of touch that it's almost touching. It belongs on the golf courses of Arizona, not on the campaign trail.

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We may disagree on how much to spread around and how to go about it. We all tend to think that it's someone else's wealth that needs to be spread around and that it ought to be spread in our direction. But the principle that the unequal distribution of wealth is a legitimate concern and government policies should mitigate it has been part of American democracy since at least the New Deal. In fact, it is a commonplace that the moderate wealth-spreading of the New Deal saved American democracy. Today collecting checks from people and issuing checks to other people--or the same people--is the government's main domestic activity.

Although it was an off-the-cuff remark and one that Obama probably regrets, he actually put it well, avoiding the suggestion of envy or class war, which are the usual accusations about such talk. Spreading it around is "good for everybody," he says. And who disagrees? Or would you like to live behind locked gates and hire guards to protect your family from kidnapping, as in places where they spread it around even less than here?

See pictures of John McCain's final push.

See pictures of Barack Obama's home stretch.

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