American Presidential Politics and foreign affairs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : American Presidential Politics and foreign affairs

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DuckTapeSunroof who wrote (23683)	10/26/2007 11:08:04 AM
From: TimF	Read Replies (1) of 71588

by REJECTING substantive STRUCTURAL REFORMS that appear to be the minimum required to ever rein in this massive problem, you practically guarantee* it's continuance.* A balanced budget amendment isn't a very effective reform to reign in spending. It might have a positive effect at the margin, but its wouldn't be an overwhelming effect. Look at all the states that are required to have balanced budgets and look at how their spending has grown. Re: " Basically a balanced budget amendment is pretty week as a way to restrain the growth of government. I'm not saying it has no effect but it isn't a very strong one." Suggest something, ANYTHING, that offers to be stronger. While I'd love to have something to offer, the fact that I don't isn't a good argument for a balanced budget amendment. Even if I can't think of a stronger structural reform, in fact even if there are no stronger structural reforms, a BBA would still be weak in terms of limiting spending, perhaps even very weak. No, Tim... for a STRUCTURAL FLAW in the design of the system, you need a STRUCTURAL SOLUTION. And a BBA isn't it.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next