Example 1 as to why a Balanced Budget Amendment is stupid

[Dont Taz Me Bro]

Not to be a party pooper, but according to the COTUS, regional disasters should stay regional.
Back a couple hundred years ago, they understood this.
Crazy how a bunch of dead peoples intent can change so much in the afterlife

Too bad hurricanes don't give a shit about state borders.

We've never had a hurricane in Nevada. They must not like to come here

 

[buckeye45_73]

Not to be a party pooper, but according to the COTUS, regional disasters should stay regional.
Back a couple hundred years ago, they understood this.
Crazy how a bunch of dead peoples intent can change so much in the afterlife

Too bad hurricanes don't give a shit about state borders.

We've never had a hurricane in Nevada. They must not like to come here

yeah, what do you guys get?
earthquakes?

 

[TNHarley]

Not to be a party pooper, but according to the COTUS, regional disasters should stay regional.
Back a couple hundred years ago, they understood this.
Crazy how a bunch of dead peoples intent can change so much in the afterlife

Too bad hurricanes don't give a shit about state borders.

We've never had a hurricane in Nevada. They must not like to come here

Same for TN :/
Fucking bigots

 

[Dschrute3]

Our shocking $21 Trillion Debt is far more stupid. But don't expect the Swamp Creatures to care. Expect the Debt to grow. Sadly, it is what it is.

 

[Bootney Lee Farnsworth]

I bet some Lloyd's of London syndicates could partner up and insure the U.S. or any state therein for such disasters and we could keep that budget balanced with a high, but manageable premium, like all responsible households and businesses do.

 

[C_Clayton_Jones]

Natural disasters cost a record-shattering $306 billion in 2017
The string of devastating hurricanes and wildfires across the United States in 2017 cost the country $306 billion in damages, a record-breaking number, the National Oceanic and Atmospheric Administration reports.

Key stat: In 2017, there were 16 separate disaster events that topped $1 billion in damages. And these 16 events — which included storms, wildfires, droughts and freezes — killed 362 people.​

A Balanced Budget Amendment would mean once you've reached your peak of allocated disaster spending, that's it. No more can be allocated. And since you can't predict natural disasters, you also cannot predict how much is needed to clean up after them.

The same problem exists in the event of an economic downturn, such as the Great Recession – deficit spending is one of the most important tools available to help the economy recover.

A BBA is ridiculous rightwing rhetoric devoid of value or merit.

 

[Bootney Lee Farnsworth]

The same problem exists in the event of an economic downturn, such as the Great Recession – deficit spending is one of the most important tools available to help the economy recover.

A BBA is ridiculous rightwing rhetoric devoid of value or merit.

Considering the fact that we spend twice as much per year as the next country (China), I think our government has been grossly irresponsible in the first place. What about savings? What have they done for a rainy day fund?

And, I have no sacred cow. Chop that military budget in half too.

The point is that it is a pathetic excuse for overspending when no other nation comes close to our levels.