This settles it. Half of us are stupid:
Only 53% of American adults believe capitalism is better than socialism.
The latest Rasmussen Reports national telephone survey found that 20% disagree and say socialism is better. Twenty-seven percent (27%) are not sure which is better.
Adults under 30 are essentially evenly divided: 37% prefer capitalism, 33% socialism, and 30% are undecided. Thirty-somethings are a bit more supportive of the free-enterprise approach with 49% for capitalism and 26% for socialism. Adults over 40 strongly favor capitalism, and just 13% of those older Americans believe socialism is better.
OK, even given that way too many of our teachers are closet socialists, those numbers are too high. I mean, look how well socialism worked in the USSR, Cuba, North Korea, and China. Heck, just look at Korea. Divide a country in half; make half of it communist, and half capitalist. See what you get? South Koreans enjoy one of the highest living standards in the world. Their economy is the fourth largest in Asia and 13th largest in the world. And in North Korea, people are starving.
Sure capitalism is hard. It's scary to think that you're on your own, that you have to use your brain and back to earn a living, and if something goes wrong, well you could end up homeless. Well duh. Yeah, life is hard. But since you're responsible for your own well being, you're 100% committed to doing well. You're 100% in favor of eating, and owning a nice TV, or a nice car. And that is infinitely better than living in a situation where everyone is responsible for your well being, and 0% are committed to it.
These poll results have to be due to ignorance. Let's hope our education doesn't ruin us.
***Related: Peter Kirsanow remarks on the antics of our elected useful idiots:
The awestruck members of the Congressional Black Caucus who lavished praise and gratitude upon Fidel Castro after meeting with the former dictator are either profoundly ignorant or indifferent to evil — perhaps both.