President Obama: Free Market Capitalism "Doesn't Work" 12-7-11
U.S. President declares capitalism "has never worked". The free market has "never worked." Is Barack Obama deliberately burning bridges with average Americans? The free market isn't perfect, but it's the best system we have and it is what has built this country. Shocking ignorance and contempt for the bedrock of economic growth and engine of prosperity, the free enterprise system. What he believes works is raising taxes and more government entitlement programs. The United States wasn't built on high taxes and government entitlement programs.