Depends upon the OS, the video card.
Under windows, with nvidia, there is an nvidia control panel setting "Change flat panel scaling".
Fonts can be better scaled by the OS, but sounds like you've got a visually handicapped case where you'd want graphics scaled too.
The scaling option only determines how lower than native resolution are scaled. Depending on the implementation on the monitor, having the graphics card do the scaling can result in better or worse quality. The 3008WFP scaler is pretty good so no need for the graphics card to do the scaling.
It's a much better idea to run at native resolution and use the DPI scaling option in Win7 (Display -> Make text bigger or smaller) to resize everything. You want the XP style resize option on because lots of programs still don't properly support DPI scaling or don't have higher quality icons for it so without the XP setting (doesn't resize icons if the program does not support it) some programs will have very blurry icons etc, Google Chrome being one example of this.