Plunder and Deceit, Mark Levin's New Book

[From article]
Chapter Two, is titled “On The Debt,” and explains to the rising generations how they will be in perpetual servitude to the debt being handed to them by generations that would rather spend and borrow than live within their means. Levin presents this as a moral problem as articulated by Dr. Walter Williams: “We’ve become an immoral people demanding that Congress forcibly use one American to serve the purposes of another. Deficits and runaway national debt are merely symptoms of the real problem.” The ruling generation of the political class has, in effect, bribed voters to keep them in power, by mortgaging the future of those who have not yet woken up to what is being done to them by their elders.
[. . .]
Social Security expenditures totaled 0.22 percent of the economy during World War 2, and in 1983 accounted for 24 percent. The second was: “For the first time, people who are retiring today will receive less in benefits than they paid into the system in taxes.” The plunder has already reached such an extent that even those at the top of the food chain are getting a rotten deal.
[. . .]


Mark Levin

“America’s educational productivity has collapsed,” at least as measured by standardized tests, as costs, especially administrative costs, have exploded. The facts and figures he offers on the growth of student debt are astounding, and will eventually cause a crisis that will make the 2008 housing crisis look like a day at the beach.
[. . .]
what poses as environmentalism today is really a “de-growth” movement that will impoverish future generations, diminishing not merely their standard of living, but their opportunities for productive lives. For younger people who have been indoctrinated on the subject in schools for their entire lives, the facts and reasoning here, which owe a well-acknowledged debt to Ayn Rand, could be the most startling of the book.
[. . .]
despotism – a despotism clothed in the garb of compassion. As you would expect from a scholar of his depth and erudition, it is an extremely valuable lesson, especially for a generation trained that the most important thing about the Constitution is that slave holders numbered among its authors.

http://www.americanthinker.com/articles/2015/07/mark_levins_emplunder_and_deceitem.html

July 29, 2015
Mark Levin's Plunder and Deceit
By Thomas Lifson