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Four Year Balanced Budget

Four Year Balanced Budget

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Published by David Welch
An idea to end the never ending deficits our country is experiencing and to hold politicians responsible for their false promises.s
An idea to end the never ending deficits our country is experiencing and to hold politicians responsible for their false promises.s

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Published by: David Welch on Nov 12, 2013
Copyright:Attribution Non-commercial

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11/16/2013

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A Four Year Balanced Budget Amendment!
Our political leaders are forever talking about ‘balancing the budget’ but the idea is inevitably to balance the budget sometime in the future, not during their term in office. With a future balanced budget in mind these politicians see no problem with running a ‘current deficit’ even though the unending stream of such deficits has resulted in an ever growing National Debt that  puts our country at risk for a financial collapse unlike any the world has ever seen. We’ve had a !reat Depression" so # suppose the one they are leading us to will have to be called the !reater Depression" or the $ltimate Depression" or perhaps the %other of all Depressions." Whatever the name it will surely be e&tremely bad, and most likely reduce the $.'. to (hird World status.'o, is there anything we can do as citi)ens to end this foolish tendency by our political leaders* + alanced udget +mendment" to the -onstitution has long been suggested but since our budgets are for one year periods this is  probably unworkable and no politician is likely to support it. (hey would rightly claim this does not give them enough fle&ibility to overcome short term economic problems. owever, the idea of a /our 0ear alanced udget +mendment" has not been considered yet it is something # believe would be far more workable.

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