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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: d[-_-]b who wrote (262534)	11/29/2005 1:19:43 PM
From: bentway	Read Replies (2) \| Respond to of 1577883

"Everyone's willing to sacrifice, yet no one wants to go first or alone. " It takes leadership. When Bush came into office, there was a compromise worked out by Clinton and the congress called PayGo, or "pay as you go", to get Clinton to quit vetoing appropriation bills. Everything in an appropriation bill had to be paid for with existing income (taxes). Bush ended the practice shortly after coming into office. hillnews.com A balanced budget amendment woud be extremely difficult to get done, and would take years. Any constitutional amendment, even a popular one, is a tough job to get done as the requirements are SO tough. Bush isn't for it, so who's going to be it's champion? ( Not that Bush being for it would help much NOW! ) en.wikipedia.org

To: d[-_-]b who wrote (262534)	11/29/2005 5:04:12 PM
From: tejek	Read Replies (1) \| Respond to of 1577883

The rest of us call it pork, but for states like Mississippi it's jobs and prosperity. It's why everyone says congress sucks, but THEIR congressman is a great guy and a patriot. Everyone's willing to sacrifice, yet no one wants to go first or alone. Of course a line-item veto could be used as a weapon against one party or the other. I'm more in favor of the balanced budget amendment. There is another problem......too many southern states spend a lot of their tax revenues chasing after and sometimes landing big automotive operations or large telemarketing centers. The giveaways are huge and the payback is well into the future......and they never seem to get ahead. Every time the new plants come on line, the plants developed under the last tax incentive giveaway go kaput. Jobs are created but I suspect at a cost that's unreasonable and not for the long term in many cases. If a state wants strong revenue growth, then it has to uplift the incomes of its residents and the long term viability of its businesses. The only way I know to accomplish that successfully is too invest in your infrastructure, particularly education. Without good universities, esp. technical ones, you can't hope to spawn home based industries that will create a new industry and spawn new companies. The exceptions to the southern rule are NC, FLA, TX and to a lesser degree GA. The rest of the states keep floundering in the wind and its usually their legislators who come up with all kinds of pork spending schemes like a museum for the first NASCAR car in Alabama.