Aces High Bulletin Board

General Forums => The O' Club => Topic started by: SuBWaYCH on December 12, 2007, 09:28:06 PM

Title: What If....
Post by: SuBWaYCH on December 12, 2007, 09:28:06 PM

You could revise the Entire Constitution? What laws would you fix and what laws would you keep?

What we need is, IMHO:

Have Congress keep an eye on that national debt. If it gets to low, They vote and sign (by majority, of course) a document stating to pay the bills, directed at the President. Its sure as hell what we need right now.

Regards,
Subway

Title: Re: What If....
Post by: Ripsnort on December 12, 2007, 09:40:09 PM

Quote

Originally posted by SuBWaYCH


What we need is, IMHO:

Have Congress keep an eye on that national debt. If it gets to low, They vote and sign (by majority, of course) a document stating to pay the bills, directed at the President. Its sure as hell what we need right now.

Regards,
Subway

Surely you mean "too high"?  

And I hope you would mean in relation to the GDP...because that's the real measure of how volatile the economy is.

(http://z.about.com/d/uspolitics/1/0/I/1/debt_percent_gdp.png)

Title: Re: What If....
Post by: lasersailor184 on December 13, 2007, 12:53:34 AM

Quote

Originally posted by SuBWaYCH
You could revise the Entire Constitution? What laws would you fix and what laws would you keep?

What we need is, IMHO:

Have Congress keep an eye on that national debt. If it gets to low, They vote and sign (by majority, of course) a document stating to pay the bills, directed at the President. Its sure as hell what we need right now.

Regards,
Subway

No, what we need more then ANYTHING in the world is for the citizens to have a basic understanding of economics.  What Bush and Co. did was straight out of the Economics 101 play book.


And guess what... It worked.


The basics are that you can have either a Balanced Budget, or a Balanced Economy.  Balancing one over the other will work to the DIRECT DETRIMENT of the other.  Basically, you can balance the budget, but the economy WILL TANK as a result.

Title: Re: Re: What If....
Post by: C(Sea)Bass on December 13, 2007, 12:56:35 AM

Quote

Originally posted by lasersailor184
No, what we need more then ANYTHING in the world is for the citizens to have a basic understanding of economics.  What Bush and Co. did was straight out of the Economics 101 play book.


And guess what... It worked.


The basics are that you can have either a Balanced Budget, or a Balanced Economy.  Balancing one over the other will work to the DIRECT DETRIMENT of the other.  Basically, you can balance the budget, but the economy WILL TANK as a result.

:aok *applause*

someone gets it!