Hard Hitting Fact Of The Day: New Poll Shows Democrats Prefer Socialism To Capitalism

More Democrats in the United States prefer Socialism to Capitalism.

The sentence is so shocking you nearly have to read it twice, but it is true according to the results of a new Gallup poll.

The poll, which was released less than 24 hours ago, shows Democrats have a more positive view of the government system exhibited by Venezuela than the government system the U.S. currently has.

“For the first time in Gallup’s measurement over the past decade, Democrats have a more positive image of socialism than they do of capitalism,” Gallup reported.

As Fox News reports, Socialism has risen in popularity in recent years with presidential candidates like Bernie Sanders and congressional candidates like Alexandria Ocasio-Cortez touting it.

From Fox News:

Democrats are giving up on capitalism.

According to a Gallup poll released Monday, more Democrats view socialism positively than they do capitalism – a development that comes amid the popularity of Democratic socialist candidates in the midterm elections.

Only 47 percent of Democrats positively view capitalism – a truly mind-boggling figure.

This number is down from the 56 percent of Democrats who said they viewed capitalism positively in 2016. At this rate, things will be looking really bad for the presidential election in 2020 and worse still in 2024.

Similarly, 57 percent of Democrats view socialism positively. Scary.

The poll shows “just how far to the left the party is being pulled,” Republican campaign group America Rising said as Fox News reports.

So did Republicans pass the test and prefer capitalism? You betcha.

A whopping 71 percent viewed capitalism positively, a number which has increased from 2016, while a meager 16 percent viewed socialism positively.

Here’s even more from Gallup:

These results are from Gallup interviewing conducted July 30-Aug. 5. Views of socialism among Democrats and Democratic-leaning independents are particularly important in the current political environment because many observers have claimed the Democratic Party is turning in more of a socialist direction.

The current survey is the fourth time Gallup has measured Americans’ overall views of capitalism and socialism in this format. The question wording does not define “socialism” or “capitalism” but simply asks respondents whether their opinion of each is positive or negative.

Democrats’ and Republicans’ sharply contrasting views of the two economic systems are not unexpected, given the history of the two parties. Republicans and Republican-leaning independents have notably positive views of capitalism and negative views of socialism.

The poll also showed that younger people prefer socialism (51 percent) to capitalism (45 percent). Conversely, people over the age of 50 prefer capitalism (60 percent) to socialism (30 percent).

Check it out:

Americans aged 18 to 29 are as positive about socialism (51%) as they are about capitalism (45%). This represents a 12-point decline in young adults’ positive views of capitalism in just the past two years and a marked shift since 2010, when 68% viewed it positively. Meanwhile, young people’s views of socialism have fluctuated somewhat from year to year, but the 51% with a positive view today is the same as in 2010.

Older Americans have been consistently more positive about capitalism than socialism. For those 50 and older, twice as many currently have a positive view of capitalism as of socialism.

The older generation will no doubt be much more hesitant to hand over the reigns of government offices after these results.

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