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Obama is a socialist populist put now he is going down the road of been fascist.
Retro,
Obama is a socialist populist put now he is going down the road of been fascist.
A champion of the people emerges with the age-old and appealing promise of "something for nothing" - to be financed through every-increasing taxes. Supply and demand are thrown out of gear - the overhead goes up; the effective use of human energy goes down; the standard of living is lowered because money cannot buy wealth that is not produced.
WEAVER, HENRY GRADY,
Eh. He has elements of socialism, capitalism, corporatism blah-de-blah da. Let's not get too hung up on labels.
To generalise: The government is nationalising the economy at an unprecedented rate. There is a HUGE shift in cash from private hands (from taxpayers and/or the value of their money) to state hands (and back into certain private hands, albeit ones the state decides). Already about 70% GDP in just over 4 months.
What are the effects of this mass redistribution of wealth from citizens to state and elite bankers (among others)?
The man is a statist, altruist bluffer,a tit giver .
Originally Posted by 142857
Eh. He has elements of socialism, capitalism, corporatism blah-de-blah da. Let's not get too hung up on labels.
To generalise: The government is nationalising the economy at an unprecedented rate. There is a HUGE shift in cash from private hands (from taxpayers and/or the value of their money) to state hands (and back into certain private hands, albeit ones the state decides
What are the effects of this mass redistribution of wealth from citizens to state and elite bankers (among others)?
A champion of the people emerges with the age-old and appealing promise of "something for nothing" - to be financed through every-increasing taxes. Supply and demand are thrown out of gear - the overhead goes up; the effective use of human energy goes down; the standard of living is lowered because money cannot buy wealth that is not produced.
WEAVER, HENRY GRADY,
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