Quote:
Originally Posted by rubicon
The Balanced Budget Amendment is not the end all. If passed it will be the subject of judicial review thus providing an opportunity for judges to legislate from the bench. Also there are a number of projects off budget now Fannie, Freddie, Postal Service and the Consumer financial Protection Bureau. A Balanced Budget Amendment would encourage other projects to go off budget. It would also create incentives to mislabel budget items.
We are better off without it. Do I have an alternative...No
We are in this poistion because we have elected representatives of dubious character and by hook or crook they will not be denied their due
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You make some interesting points. Social Security is supposed to be off budget also. Many programs that got us out of the Depression required deficit spending.