Only, in this passage Obama revealed precisely why he is vulnerable to such charges: he can't seem to tell the difference between a gift and a theft. There is nothing remotely socialistic or communistic about sharing. If you have a toy that someone else wants, you have three choices in a free society. You can offer to trade it for something you value that is owned by the other. You can give the toy freely, as a sign of friendship or compassion. Or you can choose to do neither.
Collectivism in all its forms is about taking away your choice. Whether you wish to or not, the government compels you to surrender the toy, which it then redistributes to someone that government officials deem to be a more worthy owner. It won't even be someone you could ever know, in most cases. That's what makes the political philosophy unjust (by stripping you of control over yourself and the fruits of your labor) as well as counterproductive (by failing to give the recipient sufficient incentive to learn and work hard so he can earn his own toys in the future).
Government is not charity. It is not persuasion, or cooperation, or sharing. Government is a fist, a shove, a gun. Obama either doesn't understand this, or doesn't want voters to understand it.
But the bolded part tells you all you need to know about the conservative view of government. It's a "fist." That "fist" can be used to beat the hell out of hapless third world countries, or it can be used to steal money from deserving citizens, and give it to the undeserving. Government can play no other role for the aptly named John Hoods of the world. Is it any wonder that a political party run on a world view like this is utterly inept at governing?