View Poll Results: Balanced Budget Amendment

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  • Yes

    15 48.39%
  • No

    14 45.16%
  • Not Sure

    2 6.45%
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Thread: Balanced Budget Amendment

  1. #61
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    Re: Balanced Budget Amendment

    Quote Originally Posted by Dagger View Post
    What do you guys think about a Balanced Budget Amendment to the constitution? Personally I think it would be a great amendment except for the fact that Democrats and some Republicans would relentlessly raise taxes to comply with the amendment. A possible solution to this is have a 5 year fixed tax rate, basically saying the government cant raise taxes in order to comply with the balanced budget amendment unless there is a 3/4 majority to do so. Also, congress members would get a pay cut if the budget wasnt balanced in time.

    Thoughts?
    Some good ideas....
    Congress, right now, is hopelessly corrupted...they are so bad that only a total cut of pay would "work".

  2. #62
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    Re: Balanced Budget Amendment

    Quote Originally Posted by sangha View Post
    I'm not a liberal; I'm a socialist and liberal nor socialist are not mutually exclusive with independent

    Meaning ????
    What I read here is vague and contradictory.
    But I do know that it is not wise to pin labels on DP members....

  3. #63
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    Re: Balanced Budget Amendment

    Quote Originally Posted by TurtleDude View Post
    neither-but we would have had a bunch more ships and sailors in the pacific if FDR hadn't let the Imperial Navy hit our unprotected naval base so he could use it to get us into a war with Germany
    Sure - and Bush II let 9/11 happen so he could have Iraq II and finish what Daddy started, right?!?
    Mt. Rushmore: Three surveyors and some other guy.
    Life goes on within you and without you. -Harrison
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  4. #64
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    Re: Balanced Budget Amendment

    Quote Originally Posted by Neomalthusian View Post
    It is national self-sabotage to limit our purchases to what we can actually afford to purchase. This is America. We can grow and prosper forever.



    /sarcasm
    This must be done very very carefully, and it has NOT been done carefully at all...maybe this scenario is impossible......
    The poor are too poor and far too much wealth has shifted to the rich.....obviously...
    We do need a much better Congress.

  5. #65
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    Re: Balanced Budget Amendment

    Quote Originally Posted by rocket88 View Post
    Why 2008? There was a deficit then, too. Deficit spending is not something that Obama suddenly thought of one day. It's been going on for years, and has been out of control since the '80s.

    Why in one paragraph do you propose something that would grind the wheels of government to a halt (voting on every expenditure individually), then in the next you criticize Harry Reid for not whipping them through? Which do you want? (Also, FYI, if the Senate did pass bill after bill, they'd have to be passed by the House also before becoming law. What do you think the chances of that are right now?)

    Also, "adjusted for inflation" is real dollars. Today we think the dollar store is a great bargain. In 1950, it would have been a colossal rip-off.


    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 05:42 PM.

  6. #66
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    Re: Balanced Budget Amendment

    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.

  7. #67
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    Re: Balanced Budget Amendment

    Quote Originally Posted by Dagger View Post
    What do you guys think about a Balanced Budget Amendment to the constitution? Personally I think it would be a great amendment except for the fact that Democrats and some Republicans would relentlessly raise taxes to comply with the amendment. A possible solution to this is have a 5 year fixed tax rate, basically saying the government cant raise taxes in order to comply with the balanced budget amendment unless there is a 3/4 majority to do so. Also, congress members would get a pay cut if the budget wasnt balanced in time.

    Thoughts?

    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.

  8. #68
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    Re: Balanced Budget Amendment

    Quote Originally Posted by Baralis View Post
    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.


    That is absolutely true.

    There could be no emergency clause for the reason you state.

    There could be a system of raising money by selling bonds or something like that.

  9. #69
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    Re: Balanced Budget Amendment

    Quote Originally Posted by code1211 View Post
    That is absolutely true.

    There could be no emergency clause for the reason you state.

    There could be a system of raising money by selling bonds or something like that.
    Hurry, buy your save welfare bonds today!!!!

  10. #70
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    Re: Balanced Budget Amendment

    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)

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