States Look to Expand the Tax Net to Services - WSJ.com

What is the Real Issue for the Next Election? A Slow Decline (aka Argentina socialism?) - States Look to Expand the Tax Net to Services - WSJ.com

Here we are with 'same-ol' thinking. Tax, tax, tax.

Let's have some cutbacks.

Obama laid out the issue of the next election - if the media will catch on to it:

This issue is whether the US will allow itself to go the way of Argentina (slow and irresistible decline, in order to try and preserve the idea that all old middle class (read: esp. blue collar) lifestyles can be maintained with tax dollars and borrowing.

Obama said it clearly in speeches in early Feb. as published in the Wall Street Journal, New York Times, etc.

As quoted on a debate on Bloomberg on the State of California going bankrupt, the socialist lament was "but, people need these services. Do you mean they'll have to do without?"

So this is the issue: do some people have to do without things they can't pay for on their own; or, does the rest of society have to give up a better future (i.e. Argentina-like) to provide for other than themselves?

I frankly haven't heard an articulation of this issue in such clear terms.