WHY ARE DEMOCRATS AFRAID TO TELL THE TRUTH PART III

With another election year upon us and with the economy as the pivotal issue, the Democratic Party would be wise not to overestimate the intelligence of the American electorate.  The promotion of some fundamental truths is in order.   First and foremost, the United States was established as a capitalist economy.   In a capitalist culture the government does not control the flow of the economy, capitalists do.  Furthermore, they are able to operate with minimal government intervention.  This arrangement is referred to as a “free market system”.  The first president to intervene in matters of the national economy was Franklin Delano Roosevelt.  Ironically, FDR’s legislation was drafted to protect the American citizenry from the abuses and downright lawlessness of the capitalist hierarchy.  As Herbert Hoover succinctly stated, “The only thing wrong with capitalism is the capitalists.  They’re too damned greedy.”