The founders understood another thing about human nature. Power corrupts and absolute power corrupts absolutely. That is why they dispersed power and creared a checks and balance system. Socialism concentrates power and decision-maiking in the government, which is made-up of people subject to the rule concerning the corruption of power. No matter who is running the government, Socialism leads to cronyism and more bureaucracy and control decreasing freedom which in turms deters risk taking which shrinks the economy and jobs. As Maggie said, under Socialism one eventually runs out of other people's money.