The Balanced Budget Amendment delusion

posted by
November 28, 2011
Reason
by Steve Chapman  
Posted in Commentary

"The reason politicians don't balance the budget is that they and their constituents aren't ready for the unthinkable realities this option would entail: higher taxes, reduced government benefits, or both. Those choices won't get any less excruciating if a balanced-budget amendment is ratified. Given that reality, we could expect elected officials to find ways to evade the restriction. " (11/28/11)

http://tinyurl.com/79dwbw8  

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