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Maybe a balanced budget amendment would set things on a sustainable path, but no neo-conservative, neo-liberal, or MAGA supporter would let it pass. If the fall
by theandrewbailey 4y ago
Maybe a balanced budget amendment would set things on a sustainable path, but no neo-conservative, neo-liberal, or MAGA supporter would let it pass. If the fall of the Roman Republic is anything to go by, we're at the point where senators are raiding the treasury.
- neilwilson 4y ago"Maybe a balanced budget amendment would set things on a sustainable path" If for sustainable you mean a complete collapse of the economy as excess savings and excessive taxation drain the flow of money.
- ausbah 4y agobalanced budget amendments cripple a government's ability to respond to economic crisis
- theandrewbailey 4y agoIf Keynesian economics are anything to go by, looking at US budget deficits, there's been a non-stop economic crisis for the past 20 years. https://www.statista.com/statistics/200410/surplus-or-deficit-of-the-us-governments-budget-since-2000/ https://www.statista.com/statistics/200410/surplus-or-defici...