Does he not see how insane a balanced budget amendment is????
Moosh wrote:Does he not see how insane a balanced budget amendment is????
feelthejohnson wrote:Moosh wrote:Does he not see how insane a balanced budget amendment is????
What's wrong with fiscal responsibility?
Zach wrote:feelthejohnson wrote:Moosh wrote:Does he not see how insane a balanced budget amendment is????
What's wrong with fiscal responsibility?
If one has a balanced budget amendment, then during a recession, the government must increase tax rates in order to compensate for a decline in revenues, which inhibits economic growth.
This is what's going to occur when Germany's Schuldenbremse policy hits a wall during the next recession. The ECB can't lower rates much further.
Heather wrote:I still don't understand why anyone would vote for Gary when that means Hillary would win
feelthejohnson wrote:
feelthejohnson wrote:
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