Capitalism rejected by majority of adults under 30

May 10th, 2016 * RECOMMENDED READINGS, Business, Democracy, Economics, Government, Politics Bill B. May 1 min read

Michael F. Haverluck writes:  With the self-proclaimed socialist, Sen. Bernie Sanders (D-Vt.) being the hands-down favorite for young Americans looking for a Democratic presidential candidate, the results from a recent survey confirms this Leftist bent, showing that more than half of American adults under 30 reject capitalism. The study conducted by Harvard University was a shocker for many Americans, showing that capitalism is dying in…

 

Democracy’s Death Spiral

John C. Goodman writes:  On Monday, Puerto Rico missed a payment on $422 million worth of bonds. If the United States doesn’t come to the rescue, this will be only the first of many defaults to come. In all, the island has $72 billion in debt and an additional $46 billion in unfunded pension liabilities — totaling more than the country’s annual GDP. As debt…