(08-08-2011 10:43 PM)Tom in Lazybrook Wrote: So advocating lower top marginal tax rates than Ronald Reagan is socialism? If that makes Obama a socialist, then does that make Reagan a communist? Obama is certainly to the right of LBJ. And probably to the right of Nixon.
There are no blue dogs left. Ok. Heath Shuler. But that's about it.
Number one, he doesn't advocate lower top marginal rates than Reagan (and liberal democrat Bill Bradley) in 1986. He does advocate nominally lower rates than Reagan's first tax cut in 1981, but Reagan was cutting rates majorly to get there as a transition to 1986, while Obama would raise the rates that he inherited to get to his target.
Number two, while Reagan was lowering rates, he was also broadening the definition of taxable income (removing loopholes, in modern terminology). That means that comparisons to Reagan's 1981 rates are apples to oranges. Obama would keep essentially the same definitions of taxable income that have existed since the 1986 act, so that is the only apples to apples comparison among those you suggest, and Obama clearly supports higher rates than anyone else has advocated be applied to those definitions of income.
Number three, the relevant comparison is to other countries, not other eras. I can move my business from Ohio to Poland; I can't move my business from Ohio to 1981. Obama is one of two--and only two--US presidents who have advocated top marginal rates higher than the rest--or most of the rest--of the developed world. The other? George W. Bush. So to put the comparisons you would make into perspective, Obama is advocating higher top marginal rates than socialist Europe, so I guess that in response to your question, that would make him a socialist.
He is advocating the most ambitious income redistribution scheme in US history. Is that socialist? Yes.
He is advocating a government takeover of health care (single-payer), to be accomplished in stages, the first stage of which is a massive (and massively expensive) increase in the level of government regulation of health insurance, and, yes, health care itself. Is that socialist?
He is advocating much greater government regulation of, and participation in, the financial services industry than any of his predecessors. Is that socialist? Yes.
He has presided over taking equity stakes in the automobile and financial services industries. Is that socialist? Was it socialist when Shrub started it? Actually, this one is probably technically more fascist than socialist.
As for the blue dogs, after 2010 they probably are down to about Shuler. Which is unfortunate. We'd be far better off if they were the dominant power. But the reference was to legislation in the 2009-10 congress, and in those days the blue dogs were 1) more numerous and 2) powerful beyond their numbers because of their swing vote status.