Deficits, Presidents and Congress

During the Bush Administration, deficits were higher than under Clinton. In fact, under Clinton, we ran a surplus. But why? All spending bills originate in the House, proceed to the Senate, and then land on the president’s desk. He can veto, or sign. Or involve himself in the process during Congress’s consideration. Clinton had to [...]

Is the Balanced Budget Amendment really a good idea?

I have serious concerns about the efficacy of a Balanced Budget Amendment. Who’s going to enforce the Amendment? The Federal Courts have the power to construe and enforce the U.S. Constitution including its Amendments. So if the budget is not in balance, what remedies might the courts impose? North Carolina provides and instructive case. Under [...]

It’s Friday And That Means BEER!!!!!!!

Open topic Friday. Say what’s on your mind? Related Posts:Is the Balanced Budget Amendment really a good idea?The Trouble with the Public OptionThe Economics of Healthcare “Reform”Landslide Scenario – Turnout BasedHow the Polls Might Be Wrong 2