Balanced Budgets Are One of the Stupidest Ideas in Recent Memory

The last few years have seen a giant push to balance the Federal Budget. Fiscal responsibility is something that generally makes good sense, and the role of Republicans prior to the last ten or so years has been to interject that sensibility into politics. But recently its gone off of the rails. There is a insidious idea that the government should run like a household budget, and some budget provisions want to the government to match their expenditures with their revenue dollar for dollar. In other words, if you spend a dollar, you should make a dollar, right? Wrong. The … Continue reading Balanced Budgets Are One of the Stupidest Ideas in Recent Memory