the problem with that theory is that more and more and more people, certainly in the US, trust government, even worship it, than ever before. The democrats have been busy for decades taking over the schools to brainwash children to grow up loving government, hating liberty and capitalism. You can see it everyday with all the silly protests occurring. These people want the government to own and run everything.
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We allowed this to happen and through continual compromise we have nearly lost an entire generation.