I know many will reject what I am about to say, and some will say that as I am not an American I should mind my own business, but I speak from painful experience.
In the UK we have had socialistic Governments like the Obama Administration periodiacally since 1945. Everytime they lost power we discovered that they had depleted the coffers substantially, this last time (Blair/Brown) virtually bankrupted usand they pursued the very policies espoused by Obama. The real issue however is that however well intentioned these leftist politicians always, without exception damage most the very people they claim to be fighting for, the poor, the elderly, the disadvantaged. Leftist politics of this kind never work!