How Not To Spend Your Summer Vacation: GOP’s Next Gimmick, The Balanced Budget Amendment

In spite of all rationality and economic literacy to the contrary, the Republicans insist on bringing up every topic except JOBS.  They were too busy attacking health care reform to discuss JOBS bills, too taken with anti-choice measures to speak to JOB creation, too involved with schemes to privatize Medicare to address unemployment, and too enamored of creating a mountain from the mole-hill debt ceiling issue to call for JOB legislation.  And, now the GOP has a another campaign to avoid talking about JOBS.  They will be focusing on their Balanced Budget Amendment, ardently supported by appointed Senator Dean Heller (R-NV) [DB]  and District 2 candidate Mark Amodei.

From the New York Times: “In a meeting with his conference on Monday, Speaker John A. Boehner told members that the best thing they could do during the August recess was to sell their constituents on the idea that the amendment — which essentially stipulates that government cannot spend more than it takes in — is necessary and good. “

There they go again.  It isn’t necessary and it certainly isn’t good.

What would a balanced budget mean for states?  Nothing good. The answer was discussed here.

Would a balanced budget amendment secure an equitable tax structure and economy policy that is feasible, enforceable, and productive? NO, and that was discussed here.

Would a balanced budget amendment make the federal government run more like state governments?  NO.  Would it make the federal government work more like a business budget?  NO. Would it make the federal government work like a family budget. NO, and that was explained here.  The previous post also contains additional sources which explain why a balanced budget amendment is a really bad idea.

In short, rather than discuss job creation, unemployment reduction plans, or legislation that might actually help individuals and small businesses get beyond the Recession, the GOP would have the American public engage in their latest Snark Hunt — chasing illogical, uneconomical, irrational, and ephemeral gimmicks and manufactured “crises” — ANYTHING to avoid a serious discussion of economic growth and job creation.

This is not a productive use of time, effort, or energy.  It’s merely another focus-group fostered campaign theme that does more to obfuscate the very real economic issues faced by the American public, than it serves to correct them.

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