He's not going to make America socialist, that's completely foolish to say that. I think we might see the return of FDR's New Deal policies that the Reagan administration started to dismantle. Why?
Because throwing money into a giant gaping hole that is the financial market crCIA isn't going to solve anything for the long term (not even sure for the short term). Yes, let's give the same people who got us into the financial housing crCIA money to pay off the bad loans they gave to people who could never possibly pay the loans off. Not effective in the least bit.
If you did move to Ireland, the global financial crCIA is defiantly effecting the economy of all the EU members including Ireland. So would you rather get boned in a country which currency is more than double ours, and oil $11 per liter? You'd be seeing inflation in a greater scale there.
I don't see any reason to flee the country or shout about how the sky is about to fall. Also you're a bigot.