Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Peter Dierks who wrote (34540)	4/1/2009 11:41:52 AM
From: Geoff Altman	1 Recommendation Read Replies (1) \| Respond to of 71588

It needs to require the elimination of spending to balance the budget rather than encouraging stifling taxes. This solution is obvious to all, except the people that make policy.... Of course, they know it too but the 'cutting spending' idea doesn't get anyone reelected... Pretty sick country when doing the right thing gets you kicked out in the next round of elections, to say the least of what's left in congress once the evolution completes...

To: Peter Dierks who wrote (34540)	4/1/2009 5:48:21 PM
From: TimF	Read Replies (1) \| Respond to of 71588

I like the idea of cutting spending. OTOH I'm not sure the constitution is the place to do it. The constitution is the place to put limits on the power of the government (and thus limits on what it can fund and how it can fund it), but probably not a good place to put limits on how much the government can spend (also not a good place to put spending requirements as some countries do).