I don’t see how this could possibly haunt McCain. I think everyone in the country would agree that a net worth of $5 million would make one rich. I don’t see how the liberals could spin this to make McCain look bad really...
On the other hand, Obama saying that if you’re making 250,000 per year DOESN’T mean you’re on “easy street” really shows how out of touch he is (sorry, but if my families income increased from 50,000 to 250,000 I can’t even begin to tell you how “easy” life would be in comparison - heck, even an increase to 150,000 would take away a TREMENDOUS amount of stress! To the point I would consider my family “rich” in comparison to most people.).
Is 150,000 a year REALLY middle class? I suppose it depends on where you live as he said, but I don’t know any blue-collar, traditionally middle class families that make 150,000 per year even with both husband and wife working! IMHO, him saying that 250,000 a year isn’t “that much” is going to come back to bite him more than McCain’s answer.
As I understand it, the discussion was about who should be considered rich when it comes to raising taxes. The guy that gives the lower figure loses in this contest. That was Obama. McCain’s $5 million figure was a joke—his way of saying that it’s irrelevant to ask who’s rich, because he’s not going to raise taxes. Period.