Second:Socialism is misunderstood by the majority of Americans because the left has a need to make people forget that Socialism is just a babystep away from Communism. Fascism is nothing like Capitalism. Communism and Fascism are both forms of Collectivism/Socialism, which means that Fascism is similar to Communism (hence the names of the fascist party of Germany- 'National Socialists, aka Nazis' and the name of Communist Russia 'Union of Soviet Socialist Republics'). Capitalism is the polar opposite of both these, based on Individualism, not Collectivism.
Third: Unfortunately many Republicans claim to be fiscally conservative then turn out to vote for more spending. But Democrats are far worse spenders, they are the ones that introduce most of the spending bills and expand the government more and vote more often for more spending. The social/moral issues are tied together with the economic issues. Somebody has to pay when the Democrats morals tell them they need to give more money to people that won't work, or that my taxes should pay for someone elses medical insurance because they choose to spend their money on luxuries instead of necessities. To quote Ann Coulter:
The common wisdom holds that "both parties" have to appeal to the extremes during the primary and then move to the center for the general election. To the contrary, both parties run for office as conservatives. Once they have fooled the voters and are safely in office, Republicans sometimes double-cross the voters. Democrats always do.