Without having given a whole lot of thought to this concept, (caveat in case I write something unduly stupid) I tend to think that, if we have passed a tipping point of sorts in our nation toward socialism, it is due to our former President and his many willing accomplices.
The last President represented much of what we had hoped for in a President...someone who placed great value on preborn human life, appointed good...no...great, SCOTUS justices -- he just wasn't a conservative.
However, his penchant for using government to achieve economic equity set the stage for the drubbing that conservatives received in the last election...because no one can outspend the liberals.
Over the last 50 years, we've been on vacation...getting fat on the government dole. Bush primed the pumps for the current massive acceleration of our reliance by doing things just conservative enough to earn the ire of a large percentage of the population and just liberal enough to lose his friends.
And now, we have what we voted for...a group of elitists wealthy from years of "public service" ready to fill up their stockings with a wish list that has been growing since 1994. Make no mistake, this talk about government creating temporary deficits is illusory...there is no such thing as a temporary government anything. Reagan said
No government ever voluntarily reduces itself in size. Government programs, once launched, never disappear. Actually, a government bureau is the nearest thing to eternal life we'll ever see on this earth!
The best we can do is reform a government program, like welfare reform in 1996 -- a very successful reform that is being undone as we speak.
One can hope that the ineptitude that our current President has shown in foreign policy will be a harbinger of his success at getting his agenda foisted upon the American people.