Jul. 30th, 2011

daveon: (Default)
 You asked: "I want somebody to explain to me what's wrong with a Balanced Budget Amendment"..."

Well, I know you're not listening to me, but I'll kick off with a few "common sense" reasons which you might understand.

1 - You actually never know when you'll need to have more money.  If you can't raise money and go into debt for something essential, you can't run a household, a business and especially not a country.... it's basically Sahriah economics...  and we *know* how you feel about that

2 - Very few organizations or households actually do run a balanced budget.  You buy houses, cars, education, you take out loans to get things which you can't just save up for and so forth

3 - Tying the hands of future generations is asinine - what works for you might not work for them

Oh and finally, DOCTOR Paul - did you pay cash for your medical degree - if you did, you're a lucky git.

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