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Why the GOP loves the 'Secondhand Economy'

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During the 2008 presidential campaign, Republican nominee John McCain traveled to Ynez, Kentucky, to announce his economic vision in the place where LBJ launched the War on Poverty back in 1965. His solution for Americans struggling to make ends meet?  Ebay:
"Today, for example, 1.3 million people in the world make a living off eBay, most of those are in the United State of America."
McCain's ringing endorsement of the online auction giant came as no surprise. After all, among his top economic advisers was eBay CEO Meg Whitman. (Whitman had touted her company as an engine of growth in almost identical terms, telling Leslie Stahl of CBS News, "We have about - around the world, about 1.3 million people make most, if not all, of their living selling on eBay.")  And for McCain, who previously admitted that "the issue of economics is not something I've understood as well as I should" and that when it came to computers "I'm an illiterate," eBay provided the populist façade for an economic plan that would have produced a massive tax cut windfall for the wealthy.

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