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Andrew Chaplin burbled:
Tarver Engineering wrote: "Ed Rasimus" wrote in message ... If we were to be bound by a Constitutional Amendment to balance the budget every year, we would be left unable to respond to exceptional circumstances such as 9/11. Any such amendment would be extreemly deflationary. Flat-out ruinous, frankly, and therefore foolish. Balanced budgets are a good idea, but not everything that affects spending requirements is in the government's control, so they need the flexibility -- the borrowing power -- to deal with the things that are not. -- Seven Trillion and rising, RETARD. $Seven $Trillion and rising fast. http://www.brillig.com/debt_clock/ Grantland |
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