Total baloney.
Those who throw the term “socialist” around use it just to say they don’t like someone. It has no meaning when used by these people.
Circular logic. Taking resources away from those who earned it and giving it to those who didn’t is the very essence of Socialism.
Or, welfare to put it another way.
So, no. I’m not using it as a pejorative. Just an accurate description of your lunacy.