Amazing loser,
America economy is NOT crumbling before our eyes. DOW is back around the 10,000, the foreigners are still buying our mortgage backed bonds (because we're so god damn good still), our global trades are still strong, inflation is not doomed yet, housing has stopped declining. I feel like people scream "LOOK AMERICA IS DEAD AND GONE" when it goes through cycles like every other nation and try to use that as some sort of a definitive proof as to why we should stop being capitalist when there are NO GREAT ALTERNATIVES out there. The fact is, if another system was truly better, then the law of nature would make them the world's greatest economy. Currently, that's us, so why should we switch to inferior, and failed systems?
FYI: our GDP is still unmatched. And CHINA and EUROPE is standing TALL while our economy is crumbling? Can you look at the facts instead of just citing countries that fit your communist ideology? China and Europe were hit with the same problems we were. EU had to lower interest rates and they're struggling. China is suffering from a worldwide slip in retail markets and a host of other problems related to its uber-efficient government planned economy. We're still on top of the world, like it or not. The fact that our economy was in a recession doesn't take away from our #1 position.
And I'm middle-class. I've never had the privilege of being brought up in a rich family - and thankful for that. I spent half of my life under a dictatorship and centrally planned economy. Then I came here, worked hard, got good jobs made a lot of money and got to see corporate life. Now I'm in a really liberal town but I still hold both left and right wing ideas. I advocate for democracy and capitalism because they are proven to work, better so than the alternatives for OUR SIZE of a population and country, is sustainable more so than other systems, and the fact is, we're still here, and #1. Why would I possibly switch to any systems where people gets the benefits of my hard work when I know they don't deserve it under socialism or capitalism? See I believe in making good money, working hard, being ambitious, and struggling - any system that would deny people, or discourage people from these fundamentals of self-interest to me is not a sustainable system.
I'll tell you what, the day a communist country out does the United State economically, I will believe that it works. Until then, anyone who preaches Communism in today's world are preaching something that has proven to not work in reality. End of story.