Nearly 70% of Americans still view a free-market economic system superior to a socialist one, according to a poll, which indicates Democratic socialist presidential candidates would find it difficult to compete with President Donald Trump in the election next year.

A new survey released on Monday, Nov. 25, by Heartland Institute and Rasmussen Reports found that 69% of all Likely U.S. Voters rate a free-market system as better than socialism. Just 12% think socialism is a better economic system, and 18% are undecided. 

A closer look shows that 87% of Republicans and 69% of voters not affiliated with either major party see a free-market system as better, while just 53% of Democrats agree. Meanwhile, 21% of Democrats like socialism better, with 25% not sure.

Only 26% of all Likely Voters said they would vote for a presidential candidate who identifies himself or herself as a socialist, while 50% would not and 24% are undecided.

Even among Democrats, 41% would vote for a self-identified socialist presidential candidate. Such a candidate would receive support from only 19% of Republican voters and 16% of unaffiliated.

Among the socialist candidates seeking the 2020 Democratic presidential nomination are Vermont Sen. Bernie Sanders and Massachusetts Sen. Elizabeth Warren.

The survey found that Sanders—the avowed socialist, is seen favorably by 47% of all voters, including 18% who have a Very Favorable opinion of him.

Warren, whose big government proposals are viewed as socialist, is seen favorably by 42%, with 17% who view her Very Favorably.

The Heartland Institute and Rasmussen Reports conducted the national telephone and online survey with 1,000 Likely Voters on Nov. 13 and 14, 2019.

The survey indicated that 58% of all voters rate the current U.S. economy as good or excellent.

Economic and consumer confidence have soared to record highs since President Donald Trump was elected in November 2016.

In his re-election campaign rally, President Trump has been lashing out at Democratic presidential rivals who tend to become leftist socialists, saying they just want to return to reckless wars, open borders, rampant crime, and totally disastrous one-way trade deals.

According to Rasmussen, 47% of Democrats had a favorable opinion of socialism in January, but 29% of these voters also incorrectly believed that the individual has more power than the government in a socialist system. Only 20% wanted their party to officially declare itself a socialist party, though.

For years most voters in surveys have called for a smaller government with fewer services and lower taxes over a larger one with more services and higher taxes.