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Yes, in socialism the rich will be poorer - but the poor will also be poorer. People will lose interest in really working hard and creating jobs.

"Obama vs. Romney: 5 hidden factors" by Glenn Thrush, www.politico.com. October 29, 2010.
Yes, in socialism the rich will be poorer - but the poor will also be poorer. People will lose interest in really working hard and creating jobs.