General Discussion
In reply to the discussion: I would like some opinions please..... [View all]HopeHoops
(47,675 posts)Since we got off of the gold standard, we've run a deficit. Reagan was the one who put the first spike into it. Clinton is the ONLY president that pulled off an annual surplus (two years in a row) and the shrub has the record for the largest spike in history. As a husband and father of three, I know there are times when you need to buy gas, groceries, or pay for utilities on credit. That's life. All a so-called "balanced budget amendment" would do is give the GOP more power to slash social services. You want a balanced budget? Make the rMoney sorts pay the same tax rate the rest of us do. You want to save Social Security? End the cap. We all have to pay the same rate, why should they get a cut-off because they're raking in ill-gotten gains?