Friday, March 12, 2010

Socialism?

You know, "socialism" is a word with a specific political and economic meaning. How much is it to ask that someone who wants to use it look in a dictionary and find out what it means?

Conservatives throw the word around to mean "any government program or policy that might benefit someone whom I consider undeserving."

Does that mean I can call it socialism when Wall Street traders don't pay income tax rates on their income, but instead pay taxes at the much lower rate for capital gains?