Accusing Obama of socialism is unwise for three reasons: 1) It's not true, and 2) it makes the accuser sound like an idiot, and 3) it distracts from Obama's true inclinations, which are worrisome enough.
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[Obama's] biggest shortcoming is a common one in his party: the assumption that every problem can be solved by government intervention, and that if a little intervention is good, more is better.
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Obama exhibits blithe confidence in the government's power to take economic problems and make them better. He will fare better if he keeps in mind its unbounded capacity to make things worse. For that you don't need socialism.