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Politics : American Presidential Politics and foreign affairs

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To: DuckTapeSunroof who wrote (40812)	2/1/2010 7:49:23 PM
From: TimF	Read Replies (1) of 71588

you can give up on trying to sell me that some new 'fearless leader' is going to come along and save us all from the big bad deficit wolf because he is so noble and pure and all that guff When have you once seen me posting about how some great future leader will solve our problems? Many government problems are inherent in the public choice incentives government leaders face. Running deficits is one of them. It is possible that a better set of leaders could lower them, but then all we have to do is wait and will get large deficits again. But that applies to attempts to get a hard balanced budget amendment in to effect ("hard" as opposed to a "squishy" one that allows all sorts of bypasses and loopholes, I can see that making it through the political process). Long before we have the political will to pass such an amendment, we would be likely to have the political will to actually balance the budget. The advantage to the amendment would be that it would put a future impediment in place, for after the current political will fades away.

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