John McCain, Socialist
October 30th, 2008 1:38 pm | by Mike Miller | Published in Bailouts, Banking, Big Government, Debt, Economics, Election, Federal Reserve, fisa, foreign aid, Foreign Policy, Free Market, government spending, John McCain, Liberty, Money, national debt, Neo-con, Obama, Objectivism, Politics, Social Security, Socialism, Taxes, War | 0
It’s quite amusing (if not nauseating) to hear McCain and Palin calling Obama a socialist at every turn if you pay the slightest attention to the ideas McCain embraces. A nice little article at HighClearing.com successfully reams McCain for his hypocrisy:
The word “socialism” can mean many things to many people, anything from Western European style social welfare to state ownership of the means of production to the New Deal or the Great Society or a wide range of other usages. I’ll let those who know (or at least claim to know) more about the real meaning of the word have the debate over which usage is proper (mostly because I hate debates over whether somebody is using a politically-charged word correctly). Instead, I’ll engage the McCain rhetoric on its own terms.
McCain, just like Obama, believes that taxes should be levied for the purpose of funding social programs that redistribute income downwards. (We’ll leave aside, for the moment, the fact that both of them also believe that taxes should be levied for the purpose of funding a bloated military-industrial complex and other things that redistribute at least some of the income upward.) McCain and Obama may envision different forms and scopes for those programs, and those differences may or may not have profound consequences in practice. However, the McCain rhetoric is being employed to argue that just about any downward redistribution is a type of socialism. If it is (at least in McCain’s usage of the term) then McCain is a socialist. Maybe not as much of a socialist as Obama (we’ll leave aside welfare for the rich, for the moment) but a socialist nonetheless.
Liberty Maven




