SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DuckTapeSunroof who wrote (28060)4/25/2008 1:47:52 PM
From: TimF  Read Replies (1) of 71588
 
1) If you can't run a deficit, then you can't spend money that you don't have.

So you raise taxes instead, or you find creative ways around the restrictions, either way the spending continues.

Or you push the spending on other people through unfunded mandates.

2) If a balanced budget amendment won't slow down spending... then NOTHING will.

Whatever structure you put in place, will be controlled by people. If the politicians don't support lower spending, and the people do, maybe some structure can block or slow the politicians. If the politicians don't support lower spending and the people don't either, than its hopeless whatever structure you put in place.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News