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Thread: Republican senators push for balanced budget amendment

  1. #51
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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?
    If Bush, either of them, had said "I want a war and we should pay for it up front with increased taxes", our economy would be a lot better off.
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    Re: Republican senators push for balanced budget amendment

    We have to do this because they have clearly demonstrated that they cannot be trusted with money. We must do it.

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    Re: Republican senators push for balanced budget amendment

    Have you noticed we were and are still in two wars. And BTW we have pretty much always had deficits. Nothing new there.
    Quote Originally Posted by cpwill View Post
    ....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

    This would be incredibly an incredibly stupid amendment if it wasn't just a cynical stunt. The Republicans know perfectly well that this amendment would spell disaster during an economic crisis. Even their conservative think tank representative says so, and I requote from the article:
    "It (the amendment proposal) is about the most irresponsible action imaginable," said Norman Ornstein, a resident scholar at the conservative American Enterprise Institute. "It would virtually ensure that an economic downturn would end up as a deep depression, by erasing any real ability of the government to pursue countercyclical fiscal policies and in fact demanding the opposite, at the worst possible time.
    The Republicans know it won't pass, know it shouldn't pass, don't want it to pass, and won't seriously seek to expend the enormous energy required to give it a chance to pass. This is the Republicans trying to keep their more ignorant supporters energized for them, while doing nothing real toward the goal those supporters support.
    Last edited by Dezaad; 04-03-11 at 12:18 PM.
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  5. #55
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    Re: Republican senators push for balanced budget amendment

    Quote Originally Posted by American View Post
    Reality? You act like there is not choice in the direction of reality. So that's how the left justifies its thinking, "Awww, we have to face reality and keep blacks on welfare, and pay out more social security benefits to people who never worked, and more programs to save the spotted owl. We can't help it."
    It is amazing, that you wanna throw your American partisan talking points at a South African, that's not what I'm talking about.

    Republican administrations have historically overspent as well.

    And besides, why do you libs always have to play the race card

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    Re: Republican senators push for balanced budget amendment

    Quote Originally Posted by SheWolf View Post
    It just seems reckless to me, but maybe it's a stunt the GOP is trying to pull to look good, because they probably know it would never be amended under Obama.
    let him veto, it's entirely his prerogative

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    Re: Republican senators push for balanced budget amendment

    Quote Originally Posted by SheWolf View Post
    Then Bush should have spend less money...
    you're right

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    Re: Republican senators push for balanced budget amendment

    Quote Originally Posted by Mikeyy View Post
    There is nothing stopping any of them from working together to balance a budget...well except they can't possibly be seen working with each other.
    there are fundamental ideological divides of approach separating both our reps and their constituents

    that is, the politics of the plays are not entirely unprincipled

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    Re: Republican senators push for balanced budget amendment

    Quote Originally Posted by Mikeyy View Post
    I have had this discussion before with those who invoke the founding fathers as some sort of right wing ideologies. Fact is taxing is one of the first things the 1st congress did. And starting the first bank. Then they taxed whiskey. The compromise of 1790 was designed to have the federal gov. assume the debt of the states. None of which fits into the rights view of the founding fathers. You should perhaps read about the first congress and the other Early bills they passed before invoking them so much.
    yes, your examples are correct

    alexander hamilton foresaw that establishing a bank and honoring our debts would connect the interests of the moneyed to the ongoing stability of the federal experiment

    it's probably one of the big reasons our revolution generally succeeded while the storming of the bastille on july 14, 1789 led to chaos and ultimately ennui

    that said, most conservatives with whom i communicate respect the need for a limited govt as well as a viable social safety net

    progressives more generally advocate for an activist dc

    be honest

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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?
    well, there's obama's 2012 budget (which, by the way, he appears to have abandoned)

    for starters

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