Letters to the Editor

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ECONOMY: Capitalism system is what’s failing

Letter by Bernice Larsen, Puyallup on Dec. 3, 2010 at 9:12 am | 107 Comments »
December 3, 2010 2:14 pm

A recent letter (TNT, 12-3) states that socialism is at the root of our monetary problems. It was the capitalist system which failed.

The Republican tax cut for higher income individuals in year 2001 has produced no new jobs, and still they want to keep the tax reductions for the wealthy. The wealthy have failed to produce jobs, and conservatives are still hoping the peasants don’t figure it out.

Unions came about due to the abuses from those “who own the means of production.” Unions are no more evil than unfettered capitalism.

It must be nice to have a warm home, medical care and good food to eat and then whine about socialism. No wonder this planet and its people suffer all over the world.

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