Quote:
Originally Posted by tophcfa
I have a novel idea. Once the covid 19 thing is behind us and the economy normalizes, how about getting back to the good old days where the government runs a budget surplus during good times and uses the surplus to pay down debt.
It's called fiscal responsibility, and it involves cutting spending, not looking for ways to tax people. Defecit spending is acceptable during crisis times like we are now in, but is unsustainable when done year after year as has become the new norm.
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Great idea Warren Buffet proposed an amendment to the constitution along the line of when the economy is doing well and the govt runs a deficit all sitting members of congress would be ineligible to be reelected.
The deficit would eliminate in just over a heartbeat.