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Businessweek Archives

The Budget Amendment: What Hangs In The Balance?

Readers Report


I, too, object to the balanced budget amendment, but for reasons that are different than those you expound in "The wrong way to balance the budget" (News: Analysis & Commentary, Mar. 6). At best, the balanced budget amendment nurtures the irresponsibilities that have led to the large debt. At worst, it seems likely, based on history, that it will allow our legislators to become even more deceptive. I hope that the recent switch to a Republican majority is but a preview of what can happen if legislators fail to make the hard but necessary choices to bring the debt down.

Gary D. Jones

Belvidere, Ill.

Quit your complaining, BUSINESS WEEK! The balanced budget amendment will accomplish what the Civil War failed to do: break up the U.S. into more logically related regions. Right now the federal government, which we all profess to hate, is a magic money machine. I put in $1, and I get back $1.20 in goods and services. A balanced budget amendment that works will change this to $1 in and $1 back. To most people, it will feel like a poorly working government.

This realization will break up coerced membership in a strong federal government and foster various "common interests" regions. For example, the South will be able to evolve into a theocracy bent on being the world's policeman. The Northeast and West Coast can evolve into efficient world merchants and the Midwest an efficient natural-resource and food supplier. Then the New World Order transformation will be complete, and the world will consist of small, natural, logical states intricately tied together in mutually beneficial associations.

Bruce Hoglund

Redstone Arsenal, Ala.

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