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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: tntpal who wrote (8541)	3/6/2009 1:14:41 PM
From: Kenneth E. Phillipps	Read Replies (3) \| Respond to of 103300

We got into this problem of massive deficits by the Bush tax cuts and spending massively—on two wars, on a prescription drug benefit for Medicare, on earmarks, etc.

To: tntpal who wrote (8541)	3/6/2009 6:20:04 PM
From: DuckTapeSunroof	Respond to of 103300

tntpal ---- I hope you notice that you proposed NO 'solution' to the problem of ever-larger government deficits. 'Free Markets' are a wonderful battle cry, and a pretty good concept (about as often seen in reality as a three-headed unicorn however)... but they say ABSOLUTELY NOTHING about chronic GOVERNMENT OVER-SPENDING AND BORROWING though. At least I proposed some changes to our government structure that are highly likely to at --- the very LEAST --- reduce chronic government deficits! (After all: We have CLEAR EXAMPLES from MANY STATES, which are required to balance spending and revenue, that it is at least possible... if not a perfect solution.) ============================================== And I believe that (in order of most utility) these THREE PROPOSALS stand the best chances of solving or at least greatly reducing the structural problem of endless debt accumulation: 1) Balance Budget amendment to the U.S. Constitution. 2) Line Item Veto power extended to the Presidency. 3) PAYGO budgeting rules adopted by the Congress. I believe that #1 is BY FAR the most effective solution, and that the Balanced Budget amendment - combined with steady economic growth - hold the greatest hope for actually solving the massive problem. (But that #2 and $3 can be of some small, but still useful, help... and so I see no reason to be against either.)