60% of Americans Say Capitalism is Better than Socialism

60% of Americans believe that capitalism is better than socialism while 18% believe living in Cuba or Venezuela would be better. Sadly, there are 21% who are so clueless that they cannot differentiate between the two.

Only 43% of Democrats think that capitalism is better than socialism. What has happened to this party? Is there any wonder why independents and those not affiliated with any party have run away from the Democrat party.

Sixty percent (60%) of U.S. adults nationwide say that capitalism is better than socialism. A new Rasmussen Reports telephone survey finds that 18% disagree, while 21% are not sure.

Adults under 30 are closely divided on the question. While Republicans and unaffiliated voters overwhelmingly say that capitalism is better, just 43% of Democrats agree. Twenty-four percent (24%) of Democrats say socialism is better.

These polls should be worrisome for Obama and Democrats who thrive on the notion that big government  is the answer to all problems.

Last year at this time, among all adults, only 53% said capitalism was better.

In fact, despite tepid support for capitalism, 77% of Americans prefer a free market economy rather than a government.