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Old 04-19-2011
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Originally Posted by TracyCoxx View Post
Ok, let's see if there are any empirical truths. Possibly this: It's never good practice to routinely run a deficit unless it's a national emergency."

No matter what your party, is this ever false?
Ok, not seeing any objection to this (and we're talking non-emergency times here), does that imply that everyone here, libs, conservatives, libertarians, independants, etc, are for the balanced budget amendment? btw, the balanced budget amendment also has provisions for limited circumstances, such as during a time of war, where congress can waive the balanced budget requirement with a 3/5 majority. And given that both dems and repubs seem to have a very hard time with this, a balanced budget amendment seems to be required right?
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