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

To: TimF who wrote (23710)	10/26/2007 9:55:27 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 71588

Re: "A balanced budget amendment is not a limit on spending." Correct. BY DEFINITION it is a limit on DEFICIT SPENDING. (Not on 'spending' per se). Why not admit it though, what you are afraid of is that the American public --- when forced to balance budgets once again --- will opt to raise someone's taxes, instead of reducing spending? (I think you are selling the public short, and that the American people are smarter then you give them credit for being but, hey, I certainly concede that there are at least two different methods for covering a budget shortfall --- reducing outlays or raising revenues....) My belief is that --- when up against the wall of ENFORCED BUDGETARY SANITY, the public and their political representatives will likely turn to a mix of solutions (not an 'either or' situation), but the bulk of savings will have to come from reductions in outlays... but that is a political question of a different order. And, you will never know what the publci will choose until and unless you give them the OPPORTUNITY for fiscal sanity. I submit that practically nothing that could be done would produce any WORSE RESULTS then the current drip-drip-drip of continuous deficits, financial debasement of the economy and currency through monetary inflation, and politicians that feel no constraints at all about saddling future generations with the resultant harms of the spendthrift ways of a declining Empire.... But, hey... perhaps you have a better idea for the structural repairs our system requires?