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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (23675)	10/25/2007 7:17:00 PM
From: TimF	Read Replies (1) \| Respond to of 71588

Well I'm not so sure a balanced budget amendment is a good idea. I don't consider deficits to be the main problem, too much spending is the main problem. In fact, even though I do think deficits have often been a bit too high, and too persistent, running a deficit for the short term can actually be a very good policy. I like suggestion #2. Unfortunately not only is it hard to achieve, its also hard to maintain once you achieve it.

To: DuckTapeSunroof who wrote (23675)	10/26/2007 10:57:54 AM
From: Peter Dierks	Read Replies (1) \| Respond to of 71588

Buddy: I agree that both of your ideas are the best possible ways to deal with our current fiscal crisis. I also believe that in our current system neither is attainable. Re: " I'm interested in restraining the growth of government as well, but what are your proposing to do that?" My #1 suggestion would be the Balanced Budget Amendment to the US Constitution. My #2 suggestion would be to scrap the current loophole-ridden mess of a gargantuan tax code and replace it with a fairer, much simpler, flat rate system (like so much of emerging Europe has found great success with).