I have been a fan of David Gergen since he joined the Clinton administration, not because I was a fan of Clinton (because at the time I wasn’t), but because I admired his bi-partisan commitment to serve the presidency. I now find him by far the most balanced (maybe in a set of one) and insightful of all the talking heads on CNN.

Last night, he made an excellent point about Obama missing the most obvious rebuttal to McCain’s socialist charges. To paraphrase Gergen:

Giving money to low income wage earners is nothing new. The program where if you work, but do not make enough money to pay taxes and the government gives you money, is called the “earned income tax credit,” and it was started by Ronald Reagan.

Again, where’s the ad?