http://www.washingtonpost.com/blogs/ezra-klein/post/the-worst-idea-in-washington/2011/03/10/AFzQaOIC_blog.htmlBruce Bartlett takes a look at the Balanced Budget Amendment all 47 Republicans signed their names to and pronounces it quite possibly the stupidest constitutional amendment I think I have ever seen. It looks like it was drafted by a couple of interns on the back of a napkin.
I think stupid is the wrong word. Dangerous is more like it. And maybe radical. This isnt just a Balanced Budget Amendment. It also includes a provision saying that tax increases would require a two-thirds majority in both houses of Congress so, it includes a provision making it harder to balance the budget and another saying that total spending couldnt exceed 18 percent of GDP. No allowances are made for recessions, though allowances are made for wars. Not a single year of the Bush administration would qualify as constitutional under this amendment. Nor would a single year of the Reagan administration. The Clinton administration wouldve had exactly two years in which it wasnt in violation.
Read that again: Every single Senate Republican has endorsed a constitutional amendment that wouldve made Ronald Reagans fiscal policy unconstitutional. Thats how far to the right the modern GOP has swung.
I like it that the GOP is finally coming to terms with Bill Cinton's superiority to Reagan.