I was reading about Sheldon Adelson’s potential donations to Mitt Romney and frankly, it’s alarming to me. Here is what he said:
“What scares me is the continuation of the socialist-style economy we’ve been experiencing for almost four years. That scares me because the redistribution of wealth is the path to more socialism, and to more of the government controlling people’s lives. What scares me is the lack of accountability that people would prefer to experience, just let the government take care of everything and I’ll go fish or I won’t work, etc. U.S. domestic politics is very important to me because I see that the things that made this country great are now being relegated into duplicating that which is making other countries less great. … I’m afraid of the trend where more and more people have the tendency to want to be given instead of wanting to give. People are less willing to share. There are fewer philanthropists being grown and there are greater expectations of the government. I believe that people will come to their senses and not extend the current Administration’s quest to socialize this country. It won’t be a socialist democracy because it won’t be a democracy.”
Why does this idea of socialism carry water with so many people? Where was Mr Adelson’s concern during President George W. Bush’s presidency? I wonder if Mr Adelson thought that the US was a socialist nation during the time period after WWII and before 1980? The tax rate during that time was as high as 91% for rich people. Does Mr Adelson know that the effective tax rate in the US is at it’s lowest level since the 1950’s?
I’d really love it if somebody would explain to me how President Obama’s policies are socialist.
This is a big big reason why Citizens United was such a huge mistake. Rich people get to put their thumbs on the scale and then cry class warfare when somebody points out the inequalities.