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Politics : Formerly About Applied Materials
AMAT 226.05+1.3%Nov 14 9:30 AM EST

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To: Jerome who wrote (52410)9/18/2001 7:34:54 AM
From: daryll40  Read Replies (1) of 70976
 
Jerome, your point about the war on drugs is interesting. Frankly, I suspect that we'll have to acknowledge that THAT war we have lost. While I am a conservative "law and order" kinda guy at heart, I think the libertarians are right on this issue. Let's decriminalize drugs and tax the hell out of them. Also, I think this new threat will force us to recognize other issues that we've been in denial about. Like means testing Social Security. I don't think that is fair, but I do think that this is what is coming "in the national emergency interest". Now that the "lockbox" is being raided, we'll have to admit that there was never a lockbox in the first place and just pay current beneficiaries out of the consolidated budget. THe national emergency is the only political way to welch on the social security promise that we all knew would happen anyway.

Also, all this talk about yet more entitlements (prescription coverage for seniors, for one) will have to cease. And I suspect that much of the not-yet-implemented Bush tax cut, like taxes on estates over $X, will be rescinded, just to make it look "fair".

It's a whole new political debate in America.
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