Monday, March 23, 2009

Assignment #8 TPAGE

"It's not about socialism, it's about rescuing capitalism", was written by Harold Meyerson and was featured in The Washington Post. Meyerson speaks about how Newt Gingrich was that American is turing into a socialist republic, because Obama is in office. The writer is really being sarcastic about it. He then goes on to tell about the history of socialist in America and then states the pros of socialist nation, like universal education and health care, which we do not have. He then goes on to defend Obama because of the money from the stimiulas plan and because conservatives think he is turing our country more into a European capitalist. When really Europes has recently become less regulated like ours and their economy is sinking along with ours. We no longer need to take the "hands off approach" towards our economy, it needs to be regulated. He then comes into to conclusion that the reason of the rise of a more socialist capitailst is the result of a deregualted economy.
I think the writer wrote this to refute the critics of Obama turing our country into a more socialist capitalist. He then makes many good point to defend his argument. I absolutly agree with him. This article was very interesting and proved its point.