Polarization is hurting our country

first_imgThe polarization of politics is detrimental to our nation. There is a surprisingly large group of people that believes capitalism is good and socialism is bad. The reality is both economic systems have negative and positive aspects. Capitalism is based on profit and greed, which can be very negative for the workers, like what was experienced during the Gilded Age. Capitalism is positive because it rewards work and innovation and has been credited for our prosperity and growth.Socialism has been criticized as discouraging innovation. Socialism has been criticized for taking money from hard-working people and giving money to unproductive people. On the positive side, socialism provides the help for people in need.Our economy has changed over the decades. Because of globalization, there has been a large influx of imports that have taken jobs away from our economy. Automation has also eliminated jobs. It’s projected that 40 percent of current jobs will be replaced by automation in the future. Objectively, there aren’t enough jobs for everyone now and the situation won’t improve significantly in the future. The unemployment numbers only count the people who are actively looking for a job and don’t count people who are underemployed (part-time) or have given up looking for a job.A social safety net has become absolutely necessary in our present-day society. The only question is how to finance it and to what extent. The middle class seems to have solved the finance part as corporation and the top 1 percent receives the real tax cuts.John DworakRotterdamMore from The Daily Gazette:Rotterdam convenience store operator feels results of having Stewart’s as new neighborCar hits garage in Rotterdam Sunday morning; Garage, car burnEDITORIAL: Thruway tax unfair to working motoristsEDITORIAL: Beware of voter intimidationEDITORIAL: Urgent: Today is the last day to complete the census Categories: Letters to the Editor, Opinionlast_img