Goober, I 'd say you may want to rethink that, last I checked federal tax revenue was at all time highs ( probably dropping now as the economy is slowing)and yes bush , the war etc. blew money like an open spigot. SPENDING……

TaxProf Blog: Growth in Federal Tax Revenues Since 2003 Tax Act

Tax Cuts Increase Federal Revenues


Sure its in a sense ideological, those at that these levels don’t see why they should have to fund someone else’s retirement account as you didn't debate the crux of the matter regards the issue as in raising SS payroll levels, and hey, if the wall st. journal doesn't know shit about the economy etc what can I say. So obamas modeling is better? uhm okay. Whats a matter? The FDR quotations don’t mean anything now?

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No individual can plan his own existence in their view.

So the state planners must arrogate to themselves the right to manipulate any sector of the economic system if the good of “society” or the “general welfare” is paramount.

Ipso- if the rights of the individual get in the way, the rights of the individual must be sublimated.

The Road to Serfdom
FA Hayek (interpretation)


Mortgage Backed Security survivor