That's what it is, and let everyone refer to it accordingly.
Britain Economist cuts to the chase: the plan is "fundamentally immoral." That's the difference between English and American "conservatives": the English ones aren't infantile Randian crazies, but increasingly the Americans are. (Update: Jacob Levy points out that the blog at the Economist site is actually written by an American!)
ANOTHER: "A strange combination of cruelty and insanely wishful thinking."
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