Social Compact
n
(in the theories of Locke, Hobbes, Rousseau, and others) an agreement, entered into by individuals, that results in the formation of the state or of organized society, the prime motive being the desire for protection, which entails the surrender of some or all personal liberties
Obama fiscal policy: Tax the rich - preserve social compact
Wednesday, appearing at George Washington University, President Barack Obama gave a major policy speech on the budget, and in so doing offered a vision of America's future Democrats can support. In short, Obama promised to tax the rich, and preserve the social compact.
Obama presented a vision that is in stark contrast to a vision advocated by Republicans. Republicans would slash entitlement programs serving the least fortunate while giving a tax cut to the most wealthy.
Obama was clear. The Republican vision of special favors and tax breaks for the rich and powerful, paid for by the poor and powerless, would not be tolerated. The wealthy would not be serviced at the expense of seniors and children, health and education.
Obama was direct and forthright. Obama promised the Bush era tax cuts would not be extended. Obama promised he would not allow Medicare to be turned into a voucher program. Obama promised to preserve the social compact.
Obama fiscal policy: Tax the rich - preserve social compact - National Democrat | Examiner.com
Okay, what does he mean by Social Compact?
Does he mean you have to give up your freedoms to survive? Does he want to take care of us but we must give him our freedoms in return?
Why would a Marxist/Socialist choose this phrase?
The meaning is clear to me, but is it to you?