Deacon923
Scooter Banks
I know what socialism, Marxism, communism all mean. I shy away from rhetoric, but the more government is involved in the distribution of goods and services the further left we move. I'm not a fan of fanatical right-wing talk shows, but arguing over narrow definitions of words is ridiculous. More government involvement is more government. What you choose to call it is up to you. From my wiki readings today I still feel confident using the word "socialism," not arguing we are on the brink of become Red China, but a movement to the left is a movement to the left. The healthcare law is not equivalent to the Bolshevik Revolution, but it is a major move to the left.
I would like to hear more about the opportunity part. Seems to me that high income taxes would stand in the way of wealth building.
Government is much less involved in the distribution of goods and services than it was in the middle of the last century. At most you see a minor reaction to the worst excesses of financial deregulation in the form of Dodd Frank (a hot reactionary mess of a poorly designed law). The healthcare law is another hot mess, but the fact is it was largely written by huge privately owned insurance companies and will put billions more into their pockets. President Reagan was in favor of greater gun control (because the Black Panthers realized they had a right to bear arms, but nonetheless). Congress passed, and Obama signed, a significant liberalization (by which I mean, deregulation) of the private capital raising rules in 2011.
This "movement to the left" is a false narrative packaged and sold with hysterical fear tactics.