The Virtue of Tempered Capitalism

Many in our current class of Congress are proponents of socialism. They point at our warped version of capitalism and say, “Capitalism doesn’t work! We must throw it out and do something different!” Of course, the system we have today is not a free market economy with a fair playing field. (Warren Buffett’s secretary pays a higher tax rate than he does.) Those of us who believe in a traditional, free market American system need to be prepared to debate and defend the position.