One of the most divisive topics in the history of U.S. politics is how our economy is structured. Views on the government's involvement in the economy reinforce political parties, party ties, and interest group activism. In the United States, Capitalism has been the prevailing ideal, where the government mostly stays out of the market and relies on the laws of supply and demand. 

At the other end of the spectrum, Socialism calls for government ownership or control over much of the country's resources. Ultimately, major markets tend to combine elements of both systems, but exactly how much role the government should really play remains one of the biggest clashes between Liberal and Conservative ideals. Your job is to research both systems in their theory as well as the current U.S. method of government involvement in the economy, and offer your thoughts on the upsides and/or shortcomings of U.S. system. Think about both systems in the context of the current political climate. Also think about how each system dealt with the economic impact of COVID-19. Congress authorized the spending of trillions of dollars during the pandemic. 

Give an argument about whether this level of government intervention was warranted and necessary.