Is America becoming socialist?

Updated

In an attention-grabbing headline, Rasmussen Reports recently announced that only 53 percent of Americans believe that capitalism is better than socialism. Apparently, 80 percent of investors allegedly root for capitalism, as do more than 90 percent of Republicans, while a whopping 30 percent of Democrats supposedly prefer socialism.

Do these survey results, following close on the heels of the passage of the Obama administration's massive fiscal stimulus and industry bailout package, herald the end of capitalism? I think not.

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