I’ve already provided my two cents on the underlying theory of Obamanomics, and I agree that socialism is not the right term.
Like Thomas Sowell and John Mackey, I think that it’s technically more accurate to say that Obamacare is fascism – nominal private ownership but government control.
But I’ve also concluded that it’s a distraction to use that term. Which is why I prefer to call Obama a statist or corporatist. Though maybe we should add redistributionist to that list.Dan Mitchell
P.S. Here’s the Obama version of Socialism for Kids.
Call a spade a spade ... Fascist.
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