Monday, November 3, 2008

Obama is a Socialist?

I wish the Republicans would stop using name-calling as a consistent campaign tactic. Calling Obama a socialist, because he favors the progressive income tax, just shows their ignorance. Simply look in the dictionary. From my Webster's : "Socialism: any of various social systems based on shared or government ownership and administration of the means of production of goods". The progressive income tax concept may be considered a "redistribution of wealth" IF we were to return to previous welfare programs that were eliminated in the 90s (which is not in anyone's platform), but it certainly is NOT socialism - not even close. In fact, the Bush administration plan of buying into troubled (and not troubled) banks is much closer to the actual definition of socialism than Obama's tax plan.

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