• Or outright turning the core federal retirement funds into welfare programs.
So, which is it? Of course, the mainstream media won't force him to answer that question - they're shamelessly in the tank for him.
So it's up to voters to force Obama to answer - to explain how his tax plan is (somehow) neither socialism nor a deadly blow to Social Security and Medicare.
The deficit now runs hundreds of billions of dollars per year. Yet Obama proposes almost $1 trillion of new spending - and promises to also give "rebates" to the 38 percent of us who pay no income tax. Where is that money coming from?
He's put himself in a fiscal box.