Tuesday, June 24, 2008

I thought FDR was bad. Obamanomics is even worse.

We are looking that the highest marginal tax rates in decades if B Hussein gets his way. We should all be very afraid.

Obama Turns FDR Upside Down

The fundamental principle of linking taxes and benefits was established when Roosevelt designed Social Security. He wanted to make sure that it was not a welfare system, calling Social Security "a base upon which each one of our citizens may build his individual security through his own individual efforts." His instincts have generally proved sound. Had Social Security been considered "welfare" rather than a return on taxes earned, it probably would never have had the popularity or the staying power that it has enjoyed for the last seven decades.

Social security was suppose to help people in retirement, not fund it completely. It was also not meant to be a tax or a welfare program. It is endanger of becoming both if B Hussein wins.

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