Tag Archives: budget

Balanced Budget Amendment

Balanced Budget Amendment
Dave Speck

We’ve been hearing a lot of commotion lately by the Republicans about how we need a balanced budget.

At first blush, this might sound like a great idea. After all, don’t you and I have to balance our checkbook at the end of each month?

No, actually, we don’t. We can go out and borrow any time we feel like it.  In fact, if our federal government becomes hamstrung with a limitation like this, it would be the best thing for the billionaires and the worst thing for you and me. That’s why the Tea Baggers are all over this. Their billionaire leaders (behind the scenes) are telling them how important it is that the government can’t borrow money.

But, let’s look at what would have happened if our founding fathers were as stupid as a Tea Bagger. Without being able to spend more money than they had, we would never have been able to protect ourselves from attack as a young nation. In fact, we wouldn’t even be able to protect ourselves from Hitler during the second world war if we hadn’t been able to borrow money.

Imagine what we would have done during the Republican Great Depression of the 1930s. Without being able to borrow money to get our people back to work, this great country of the USA would have gone broke. We wouldn’t have been able to start up all the jobs programs that saved us from republican stupidity.

Here we are, a century later and the Republicans are trying to destroy our country again. When will America ever learn not to listen to the Republicans?