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October 21, 2004

Bush’s Socialist Disaster

Republicans have long dabbled in socialism, and our current president is no exception. His Medicare bill, his farm subsidies, and his enormous expansion of federal education spending all amount to "third-way" economic programs that constitute the injection of socialism into a capitalist economy. Social democracy, as Hayek observed, will inevitably push society towards serfdom and totalitarianism, and Bush is guilty of horrendous domestic policies in that direction. Posted by Editor at October 21, 2004 09:16 AM

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