Do we still want our traditional American free enterprise system, or do we prefer a European-style social democracy? This is a choice between free markets and managed capitalism; between limited government and an ever-expanding state; between rewarding entrepreneurs and equalizing economic rewards.

By ARTHUR C. BROOKS AND PAUL RYAN at WSJ

‘So while 70% of Americans told pollsters at the Pew Research Center in 2009 they agreed that “people are better off in a free market economy, even though there may be severe ups and downs from time to time,” large majorities favor keeping our social insurance programs intact. This leads conventional thinkers to claim that a welfare state is what we truly want, regardless of whether or not we mouth platitudes about “freedom” and “entrepreneurship.”‘

‘This is made abundantly clear in surveys such as the one conducted by the Ayers-McHenry polling firm in 2009, which asked a large group of Americans, “Overall, would you prefer larger government with more services and higher taxes, or smaller government with fewer services and lower taxes?” To this question, 21% favored the former, while 69% preferred the latter.’

‘Seventy percent of us want stronger free enterprise, but the other 30% keep moving us closer toward an unacceptably statist America—one acceptable government program at a time.’

‘Rasmussen finds that only 29% believe we are headed in the right direction as a nation and two-thirds say they are angry about current policies of the federal government. Majorities believe that “big government” poses the greatest threat to our country, according to Gallup.’

FULL STORY

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