Cornell economist Robert Frank
attempts to defend Barrack Obama, against charges that he is a socialist, by pointing out that The National Council on Economic Education’s curriculum standards for the teaching of essential principles of economics states, in part, that
Most government policies also redistribute income.
which is correct. But it doesn't necessarily logically follow that Obama is not a socialist, it could, and does, mean that most government programs are socialistic.
(Via
Economists for Obama)
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