Monday, September 08, 2008

Stealth Socialism

Great article- Barack Obama's Stealth Socialism- "He's disguising the wealth transfers as "investments" — "to make America more competitive," he says, or "that give us a fighting chance," whatever that means. Among his proposed "investments": • "Universal," "guaranteed" health care. • "Free" college tuition. • "Universal national service" (a la Havana). • "Universal 401(k)s" (in which the government would match contributions made by "low- and moderate-income families"). • "Free" job training (even for criminals). • "Wage insurance" (to supplement dislocated union workers' old income levels). • "Free" child care and "universal" preschool. • More subsidized public housing. • A fatter earned income tax credit for "working poor." • And even a Global Poverty Act that amounts to a Marshall Plan for the Third World, first and foremost Africa."

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