The "quest for economic security" is an exceedingly dangerous illusion that can and will destroy a civil society. It is ultimately the goal of security from economic concerns; something that is not possible in the real world. When polices are acted to provide that for a society, society suffers and, in the long term is torn apart. That is because those policies make the perfect the enemy of the good and throw out the (proven to work) good in order to work toward the (unproven and based on elitist postulations) perfect.
This article has is bass ackwards. "Rugged individualism" is really the only system that is ultimately sustainable in the long term.
The article is also exceedingly economically ignorant. Viewing increased taxes as somehow "inevitable" under the utterly foolish assumption that tax revenue would go up; ignoring the fact that people's behavior changes in response to tax increases, ultimately leading to a loss of revenue. Static vs. Dynamic economic analysis.
You would do well to glean insight from authors possessing some degree of economic knowledge, unlike this author.
You should read The Road To Serfdom.
In fact, frankly, your big problems seems to be that your primary source of information is simply news stories. When it comes to politics that isn't enough. If you don't understand the worldviews behind it, you have no point of reference and only ultimately cannot judge these things except from an exceedingly ignorant and ultimately irrational point of view.
Hume famously said "reason is the slave if the passions". With out an understanding of the various philosophical points of view here, that is all you are left with judging a position by what seems the most pragmatice and the most emotionally appealing. However, any point is pragmatic, given certain philosophical assumptions. So it comes down to who can get their message out there the best and make it appeal the most to emotion; not on actual reason and objective thought. The only way to fix that is to gain an understanding of the different philosophical points of view involved.
Cal has recommended the Federalist Papers, which are invaluable. As he has said, reading and understanding them is better then a 4 year degree.
I would also add Thomas Sowell's A Conflict of Visions to that list. It is an objective, scholarly (yet readable) presentation of a unique, but very accurate, dichotomy of world views drawn between what he calls the "constrained" vision and the "unconstrained" vision.
The Road To Serfdom is also invaluable in understanding why certain policies kill productivity, are not economically sustainable, are incompatible with the rule of law and ultimately open the door for tyranny.