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Thread: Republican senators push for balanced budget amendment

  1. #41
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    Re: Republican senators push for balanced budget amendment

    Quote Originally Posted by Mikeyy View Post
    Is there any numbers that show that democrats spend more then republicans?
    ....have you seen the deficits we've had since Democrats took over the House in 2006?

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    Re: Republican senators push for balanced budget amendment

    Quote Originally Posted by American View Post
    As opposed the other party of drunken sailors?
    again. as someone with friends in the Navy i have to ask that people cease using this scurrilous comparison. all the drunken sailors i have ever closed a bar with were spending their own money; and when they ran out they stopped.

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    Re: Republican senators push for balanced budget amendment

    Quote Originally Posted by Barbbtx View Post
    I thought libertarians were for really small
    government. Was I wrong?
    I am for really small government, but there a difference between moving in that direction the right way and the wrong way. This isn't practical in any sense nor is it reasonable.

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    Re: Republican senators push for balanced budget amendment

    apparently the bill in question caps spending at 18% of GDP. which is fantastic.

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    Re: Republican senators push for balanced budget amendment

    Quote Originally Posted by American View Post
    Only because Democrats don't follow the Constitution and the founding principles. They invent their own ideology, which is called distribution of wealth.
    as opposed to the GOP whose ideology is concentration of wealth in the hands of a few.....?
    Oracle of Utah
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    Re: Republican senators push for balanced budget amendment

    Why are Republicans suddenly in favor of a balanced budget amendment? Wasn't the war in Iraq largely financed through debt? (Not looking to turn this into a right or wrong on the war, simply saying that there was a lot of debt involved in a war that their party overwhelmingly supported)

    The reason why it's a bad idea is this. Debt isn't always bad. Think about your personal finances -- if you own a house, you probably didn't come up with cash for it. You have a mortgage, which is debt. Car payments? Debt. Would your life be better with no house and no car?

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    Re: Republican senators push for balanced budget amendment

    Quote Originally Posted by UtahBill View Post
    as opposed to the GOP whose ideology is concentration of wealth in the hands of a few.....?
    It's almost as if somebody is inside my brain writing my posts for me before I even get the chance.......
    "you're better off on Stormfront discussing how evil brown men are taking innocent white flowers." Infinite Chaos

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    Re: Republican senators push for balanced budget amendment

    Quote Originally Posted by rocket88 View Post
    Why are Republicans suddenly in favor of a balanced budget amendment? Wasn't the war in Iraq largely financed through debt? (Not looking to turn this into a right or wrong on the war, simply saying that there was a lot of debt involved in a war that their party overwhelmingly supported)

    The reason why it's a bad idea is this. Debt isn't always bad. Think about your personal finances -- if you own a house, you probably didn't come up with cash for it. You have a mortgage, which is debt. Car payments? Debt. Would your life be better with no house and no car?
    Debt is not always bad, just almost always bad....plus look at the amount of debt and what is being purchased.
    IF the debt was budgeted for and incoming funds were assured, and the house and/or car was a reasonable purchase instead of a McMansion and a Hummer SUV....take on SOME debt. Never take on credit card debt.

    I am for removing interest as a tax deduction. It subsidizes stupidity.
    Oracle of Utah
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    Re: Republican senators push for balanced budget amendment

    A balanced budget amendment will last about as long as the line item veto did....
    Oracle of Utah
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    Re: Republican senators push for balanced budget amendment

    Quote Originally Posted by cpwill View Post
    apparently the bill in question caps spending at 18% of GDP. which is fantastic.
    Why 18%?

    Oh yea, that is what it was before 1929... as usual the GOP wants to live in the past.
    PeteEU

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