People don't understand what socialism and right wing capitalism are. If they did the country would [View all]

[Prosper]

Far left

A main tenet of socialism is nobody gets wiped out by a bad choice. It is like insurance and spreads the debt among everybody. 2008 created the perfect example of socialism:

“Amid the chaos caused by Lehman’s collapse, the big banks got hundreds of billions of dollars in bailouts. Aggressive stimulus efforts by Washington officials injected trillions of dollars more into the financial markets and the economy, helping to end the recession, trigger record bank profits and fuel a historic stock market boom.”


But there were no big bailouts (socializing) for lower- or middle-income Americans.

Here is right wing capitalism where you are solely responsible for your decisions and problems:

“About 8.7 million people lost their jobs, sending the unemployment rate soaring to 10%. Housing prices dropped by a third nationwide from their 2006 peak — and even further in California — causing as many as 10 million people to lose their homes.”