Sept. 2012, President Barack Obama speaks at a campaign rally in Golden, Colo. Recently a 14-year old video of Obama has been released about him saying he supports government redistributing wealth.
Ed Andrieski, Associated Press
The Romney campaign, attempting to turn Mitt Romney's 47-percent lemon into lemonade, has gone on the attack, accusing President Barack Obama of seeking to "redistribute" wealth, a code word among conservatives for socialism. But let's not be fooled by cheap political rhetoric. Republicans, too, are committed to redistributing wealth.
Republicans support government as it takes money from the wealthy and gives it in a variety of ways to the less fortunate — through Social Security, Medicare, unemployment benefits, veterans' programs, food stamps and many other government redistribution programs. Yes, they would prefer to shrink these programs some, but they would never eliminate them.
The problem is that Republicans are lukewarm about redistribution. They can't abide the notion of increasing taxes on the wealthy, so instead they insist that we pay for all the "entitlements" they support with debt instead of with tax revenue. But this is a sort of redistribution, too. It redistributes wealth from our children to pay for our needs today.
Roger Terry
Orem
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It's pretty simple, really. Conservatives favor redistribution of wealth from the bottom up, while liberals favor redistribution from the top down. What's disingenuous is that the Republicans try to disguise their brand of redistribution More..
I am really sick of hearing the term "redistribution of wealth"
If one is to listen to the GOP talking points, you would think that the wealth just haven't got a chance.
In reality, the wealth has been steadily More..
"Socialism was not built in a day... It takes years, and more people such as Obama."
And by folks like Bush and Mike Lee.
Who signed TARP?
Who insists on tax cuts for the rich?
Who is protecting More..