In the Oct. 15 presidential debate, John McCain mocked Barack Obama's desire to "spread the wealth around," equating it to redistribution, a conservative curse word. Republicans frequently refer to redistribution, or even class warfare, to suggest that their political opponents are fundamentally socialists.
Nothing could be further from the truth. In fact, the most dramatic redistribution of wealth has been going on for a while, mostly at the hands of Republican governments. George W. Bush, in particular, has accelerated that trend, as described on the eve of Bush's re-election by BusinessWeek here, and on the PBS program NOW here.
But this redistribution has been of the Reverse Robin Hood type ... the wealth flows toward the already wealthy, and away from everyone else.
So maybe instead of Democratic or liberal redistribution, we should speak of correction.