All the way around to socialism, only redistributing wealth upwards instead of for the general welfare.
The whole “socialism” charge is usually an indication that somebody doesn’t understand what socialism is or that the USA is already a capitalist-socialist hybrid. But they had to think of something to say about Obama, and so policies that should have been largely uncontroversial suddenly became hot-button issues, and now Republicans are so swept up in their cries for unfettered lassez-faire capitalist destruction derby that they’re opposing absolutely anything Obama proposes for the middle class and even coming up with new attacks on social fortifications we thought untouchable (e.g. child labor laws). Their anti-Obama mania has resulted in a group of utterly self-interested Galtians completely useless to anybody else, especially most voters and anybody un- or underemployed.