the truth
Surprisingly, it came from Bill Maher: Americans love their socialism.
He’s right, they do. With the federal budget just north of 40% of GDP and about 40% of income in this country coming from transfer payments from the government, it’s almost cute to call it capitalism.
Also, gains are privatized. But the big losses are public with bailouts and such. As a matter of policy, we take the worst of all systems. So admit it!