Before Hurricane Katrina flooded the tear ducts of our politicians and the vaults of our treasury, President Bush had us talking about America’s “ownership society.” This is one of the best things he has done. He did it prominently in his reelection campaign. He did it bravely in relation to Social Security, which risks the outrage of the media and the votes of older people who always vote. If he did it in some ways foolishly, never mind. It showed promise because it had us talking about something central for a change. This question of ownership is at the heart...