Mt. Rushmore: Three surveyors and some other guy.
Life goes on within you and without you. -Harrison
Hear the echoes of the centuries, Power isn't all that money buys. -Peart
After you learn quantum mechanics you're never really the same again. -Weinberg
Dollars adjusted for inflation are not real dollars. Take your dollar to the store and try to buy something that cost a dollar in 2008. Do you really not know the difference in this?
Deficits have been in use for years. No doubt about that. If the previous guys were craftsmen, this guy is an artist. Bush spent money like a sailor on a three day leave and Obama spends money like a pimp with three days to live.
I'm not at all sure what you are saying with the whole Reid is ineffective verbiage. ALL of the bills sent to him by the House are tabled in the Senate. Nothing EVER gets off his desk. As is Obama, he is a partisan hack who is interested in nothing but getting re-elected.
If Obama was still alive, there'd be cooperation in the Congress as he promised during his campaign for office.
Last edited by code1211; 07-25-12 at 03:42 PM.
I would vote for anyone who propsed a balanced budget amendment.
However I would like two exceptions.
1. If there is a war, or an extreme event. Extra spending on that item is allowed. The war needs to be at sufficent scale. The Iraq or Libya war doesn't count.
2. If there is a recession, then they are allowed to spend more till the recession is over. Then there needs to be cuts of 3% of GDP each year till the budget is balanced again.
Honestly I cannot see such a amendment doing a lot of good. I am sure they would have an emergency clause that would enable them to go over budget during a crises such as war, natural disasters, ect. Congress would simply find a crisis on any given year or slowly include more things that are considered a crises to the point the amendment is pointless. They would never restrict themselves completely by not having a loophole in which to jump.
I think a balanced budget amendment might be a good idea, but I do think it should have a limitation in the event of a 3/4ths vote of both houses or something.
(avatar by Thomas Nast)