This is common sense. People who push for a "balanced budget" amendment tend to be the morons who believe the national debt is going to literally enslave our kids.
Five Reasons Why A National Balanced Budget Amendment Is Lunacy
Five Reasons Why A National Balanced Budget Amendment Is Lunacy
Requiring a balanced federal budget is sheer lunacy and a recipe for disaster. We must do everything in our power to stop these well-intentioned but ill-informed individuals from pushing us down this road to ruin.
Here’s a summary of why we don’t need a balanced-budget amendment:
1. The U.S. can never be forced to default on debt denominated in dollars
2.) Deficit spending alone cannot cause inflation, crowding out or capture of resources
3.) The economic expansion of the 1990s caused the budget surplus and not the other way around
4.) Unbalanced budgets serve as economic stabilizers
5.) The government’s deficit is our surplus