Don’t worry, billionaires: your standard of living won’t change under a Joe Biden administration.
That’s the message the Democratic frontrunner delivered to donors Tuesday as he continued a fundraising trip in New York that saw him on Monday tell a room of wealthy Wall Streeters “you guys are great” and ask a Trump-loving supermarket magnate for support.
In Biden’s comments Tuesday, the former vice president told a room of 100 of the New York financial elite, including bankers Robert Rubin and Roger Altman, both of whom worked in the Treasury Department under Democratic administrations, that he wasn’t their enemy. According to Bloomberg reporter Jennifer Epstein, Biden took pains to separate himself from the rest of the field in his comments.
“Remember, I got in trouble with some of the people on my team, on the Democratic side, because I said, you know, what I’ve found is rich people are just as patriotic as poor people,” said Biden. “Not a joke. I mean, we may not want to demonize anybody who’s made money.”
But, said Biden, their taxes might have to be raised a little to achieve some of his legislative goals—though he assured the members of the 1 percent in attendance at the Upper East Side Carlyle Hotel that under his plan, the increase wouldn’t even be noticeable.
“The truth of the matter is, you all, you all know, you all know in your gut what has to be done,” said Biden. “We can disagree in the margins but the truth of the matter is it’s all within our wheelhouse and nobody has to be punished.”
“No one’s standard of living will change,” said Biden. “Nothing would fundamentally change.”
A number of observers on Twitter seized on that message as emblematic of Biden’s campaign strategy in general.
“Biden 2020: ‘Nothing would fundamentally change,'” said financial reform advocate Alexis Goldstein.
Biden’s phrasing “might be the most honest thing he’s said since he defended segregated schools,” writer Nathan Bernhardt tweeted.
Lawyer Matthew Cortland agreed.
“When someone tells you who they are,” said Cortland, “believe them.”
Our work is licensed under a Creative Commons Attribution-Share Alike 3.0 License. Feel free to republish and share widely.
Rising star Warren weathers attacks at Democratic White House debate
Surging White House hopeful Elizabeth Warren faced a barrage of attacks from fellow Democrats at the party's fourth 2020 debate Tuesday, cementing her status as a frontrunner in the race to challenge Donald Trump.
The president himself loomed large as the dozen Democratic contenders trained their fire on him, calling for his impeachment and assailing a Syria troop pullout that Joe Biden slammed as "shameful."
"The impeachment must go forward," thundered Warren, the progressive senator who is neck and neck with former vice president Biden at the head of the 2020 nomination race -- a stance loudly echoed by her fellow Democrats on stage.
‘I don’t care’: Watch Kamala Harris shut down Chris Hayes for asking a dumb question about Trump
Sen. Kamala Harris shut down MSNBC anchor Chris Hayes during a post-debate interview on Tuesday evening.
Hayes questioned Harris about her call for Twitter to follow their terms of service and kick President Donald Trump off of the platform.
"Do you think he puts people’s lives in danger when he targets them in tweets?" Hayes asked.
"Absolutely," Harris replied.
"Do you think he knows that?" Hayes asked.
"Does it matter?" Harris replied.
"The fact is he did it. The fact is that he is irresponsible, he is erratic," she explained. "He is like a 2-year-old with a machine gun."
Democrats blast Trump and demand his impeachment at CNN debate
Democratic White House hopefuls united in searing condemnation of Donald Trump during their fourth debate Tuesday, saying the president has broken the law, abused his power, and deserves to be impeached.
From the opening moments, most of the dozen candidates on stage launched fierce broadsides against Trump over the Ukrainian scandal at the heart of the impeachment inquiry.
"The impeachment must go forward," said Senator Elizabeth Warren, who is neck and neck with former vice president Joe Biden at the head of the 2020 nominations race.
"Impeachment is the way that we establish that this man will not be permitted to break the law over and over without consequences," she thundered.