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It’s official. A new Democracy Corps poll finds that 55 percent of likely voters believe the term “socialist” fits President Obama. This concludes the semantic bleaching of the term “socialist.” It apparently now applies to an executive who passes market-based health-care reform, cuts taxes, and presides over a relatively bank-friendly financial-regulation bill.

(Flickr/fibonacciblue)

Jeff Spross was the economics and business correspondent for The Week, an economics and climate reporter for ThinkProgress, and has written for the policy journal Democracy.