Novak's New Column

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For those that know me, an admittedly few people, I consider Bob Novak's column required reading. Of late on the election he seemed to be mistaken (for example on pulling troops out of Iraq) but on the whole I like that he reports while pontificating.

His column out today is on Lindsey Graham's call to boost upper income payroll taxes to finance Social Security reform. I find it interesting for two main reasons.

• Its a great case for where philosophy meets pragmatism. I want to get rid of Social Security reform, but with Republicans like Arlen Specter its gonna need to be liberalized some to get crossover support. Financing it by sopping the rich would do this.
• It's a small step towards fiscal responsibility. The biggest charge against social security, besides that it'll leave the old out in the cold, is that its too expensive. Since Republicans have already run up the debt they can't plan anymore big things without suggesting how to finance it. Now they need to tax to finance reforms. Perhaps they'll think twice about wasting the voters fiscal patience on bad bills and save it for the good stuff from now on.

Well, that's all for now. I have a feeling my thoughts didn't come through too clearly, and it'll take questioning to sound em out better.