You realize that's not actually socialism. You're describing an oligarchy. Social programs do not create a dependent poverty class, they enable the poverty class to escape poverty and increase the purchasing power of the average citizen. Obama's healthcare reform is gutted but we have the most corrupt medical industry in the world and we need to socialize it like every other advanced, so-called socialist country does.

The platform you're claiming Obama holds is to destroy the country by making it more like Europe, apparently, at least according to the healthcare and social programs aspects, but the destruction of the middle class is the result of our country turning away from the European style, which Obama has continued to do in line with Bush, in order to make a corporate welfare state, an oligarchy. It is the conservative, right-wing philosophy which aims to destroy the middle class.