Is Socialism Really What We Need Right Now!?

Is President Barack Hussein Obama's Socialism really what we need right now and at this moment!?

EDIT!:
Many have told me to 'look up the definition of Socialism' because I 'Don't know what it means' even though I do and did.

Socialism refers to a broad set of economic theories of social organization advocating public or state ownership and administration of the means of production and distribution of goods, and a society characterized by equal opportunities for all individuals, with a fair or egalitarian method of compensation.

Barack Hussein Obama wants to 'Spread the wealth around' and then he wants to 'State control everything' as the definition depicts, from wikipedia, similar from the dictionary.

So, yes, I would say that he is a Socialist, or, at least, a 'Minor-Socialist'.! instead of a 'Major-Socialist'.!

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