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In reply to the discussion: I would like some opinions please..... [View all]hay rick
(9,717 posts)17. Balanced budget amendment is code for cutting social programs.
The people who support it generally do not support cutting military funding. Even calls to cut spending equally is a wolf-in-sheep's clothing ploy: it equates cuts to bloated military budgets (see how they have grown since 2000) to cuts to already underfunded social and infrastructure programs.
Balanced budget rhetoric always calls for spending cuts rather than tax increases on the wealthy and is therefore just another anti-middle-class weapon in the austerity toolbox. When austerity fails, the answer is always more austerity. The fact that they never learn from experience is one of the reasons these people were hired (I mean elected) in the first place.
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Demagoguery for folks who are economically illiterate and thus buy the
coalition_unwilling
Aug 2012
#2
True Headline, Sir: Polls Show People Know As Much About Macro-Economics as A Dog Knows About Chess
The Magistrate
Aug 2012
#16
(...can't be a very smart dog--he's got the queen on the wrong colored square...
lastlib
Aug 2012
#78
Aside from what's already mentioned-- such an amendment won't stop debt...
TreasonousBastard
Aug 2012
#15
Final nail in our coffin. Thankfully there is no way to get an Amendment through the process
Egalitarian Thug
Aug 2012
#52
Yes and we have always been able to carry a deficit from one fiscal year to the next....
WCGreen
Aug 2012
#70
From one year to the next. Especially if the cash flow is low at the end of the
WCGreen
Aug 2012
#80
Anyone who supports a balanced budget amendment doesn't understand the issue.
Motown_Johnny
Aug 2012
#76