Why Capitalism WORKS!

This is an excerpt of an interview Phil Donahue did with Milton Friedman about 30 years ago. But everything he said then is true today. People who hate capitalism and greed have no understanding how the USA became the economic superpower it is today. We did not become a great nation by redistributing wealth and increasing entitlement programs. Furthermore, such programs only lead to a greater reliance on government and cause a decrease in self-sufficiency in the population.

The people who did not vote for John McCain because they were afraid of the fact that Sarah Palin believes in Creationism are completely missing the big picture. Thomas Jefferson didn't believe in evolution. Did that make him a bad president? Why does this kind of thing even matter? Isn't it more important to support the same values that made this country what it is today? Isn't the world economy more important than whether a president believed the world was created in 6 days?

My opinion is that people in the country have really got their priorities all mixed up. Of course, as a physician and a scientist who is not religious (to say the least), I very strongly believe in evolution and, at best, question the existence of God. But I would take Sarah Palin as president ANY DAY over Barack Obama, simply because she supports free enterprise and he does not. If it weren't for free enterprise, we would have never had Thomas Edison, Henry Ford, Guglielmo Marconi, Alexander Graham Bell, Samuel Morse, Steve Jobs, Bill Gates...need I continue? In a Obama's proposed system of wealth redistribution and socialism, we will still have poverty (albeit, maybe less extreme), but we will likely have many less innovations, fewer people getting advanced degrees, and lower economic growth. Our country will go the way of the European countries, and we will stagnate. Is that really what we want?