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: TimF who wrote (40766)1/28/2010 5:32:37 PM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
Re: "If you have stable small or zero deficits year after year than no one cares enough to push such an amendment. If you have huge deficits than the budget changes would be too large and you can't get enough people to go for it. The ideal scenario (in terms of likelihood of getting the amendment passed and ratified, not in other ways) for such an amendment is if you get a massive deficit disaster and fiscal crisis...."

Ain't that all exactly what I argued?

Re: "No amendment is going to be approved at a time when deficits are so high."

Nor when we have budget roughly in balance (as near the end of the Clinton second term) because THEN we have EVEN LESS public concern over deficits.

It will take a massive deficit disaster to spur structural change.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News