I honestly don't know enough about Cut, Cap and Balance to analyze it with any precision. I do know that I am somewhat predisposed NOT to amend the Constitution to save ourselves from ourselves, believing as I do in mankind's ability to transcend.
Here's a pithy little review of Cut, Cap, and Balance from CNNMoney. It is of course, not friendly to CC&B, and lays out its reasons why.
Here's what I'd like to see. I'd like to see analysts--when commenting on the various approaches advocated by the various entities in our debt/deficit and ceiling debate--conclude their brilliance with one simple statement: How does the plan compare with what we are currently doing? That's all. No analysis of how it compares to other mythological plans, or ideas the analysts think would be better. Just a simple statement of whether it is a better way of doing business than the way we currently have. This MUST be the essential start point for the legitimacy of ANY proposal.
Wednesday, July 20, 2011
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To start with CW, amending the Constitution is a long process, so I'm not particularly worried about someone rushing in with the "whiteout". Plus, about half the States have balanced budget provisions in their Constitutions and it seems to work pretty well. When people can't discipline themselves what the Hell ya gonna do? We have to do it for them.
Secondly, you were going on about your pal David Brooks' point that the Republicans were crazy not to take Obama's 6 to 1 ratio...CRAZY! Well these were all FUTURE cuts, however the tax increases would start immediately. At least with the CCB we get cuts NOW!
Look, the economy is a wreck. I want to stop the bleeding. I don't want tax increased but we must have spending cuts yesterday! Then let's just ride out Obama's last year and a half and then start the recovery.
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