Readily available credit promotes instant gratification and keeps the cost of essential and nonessential products and services high. A significant factor in the 2008 financial collapse was due to federal coercion of banks to avoid discrimination accusations by making high risk home loans. Single parent families statistically have less education and earnings than families with two parents. People using recreational drugs are often unreliable employees and parents. In earlier generations adult children took responsibility for caring for their elderly parents. Now the younger generations expect the “government” to take responsibility for their elderly parents. But the only way the “government” can afford their care is via deficit spending. Capitalism allows an individual with talents and motivation to improve his/her standard of living. Socialism promotes non-productivity. To quote The Heritage Foundation president, Kay Coles James, “Capitalism has done more to lift the world out of poverty than any other economic system ever devised. Over the last 25 years, the spread of policies that promote economic freedom has cut the global poverty rate by two thirds.”