[ExI] extropy-chat Digest, Vol 215, Issue 40

[Adrian Tymes]

On Thu, Aug 26, 2021 at 3:55 PM spike jones via extropy-chat <
extropy-chat at lists.extropy.org> wrote:

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> *From:* extropy-chat <extropy-chat-bounces at lists.extropy.org> *On Behalf
> Of *William Flynn Wallace via extropy-chat
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> *>…*Right now average credit card debt is several thousand dollars -
> around 7000.  How to get them to act more responsibly?  bill w
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> Step 1: balance the US federal budget.
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> Step 2: make a constitutional amendment that requires a balanced federal
> budget.
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> Reasoning: the recently-proposed government spending alone, just the stuff
> currently being voted on, is well above 7k per US citizen.  The existing
> debt is much higher than that.
>

Include in that amendment: if Congress fails to pass a budget on time -
failing in its duty, as has been happening routinely of late - the
President has one month to put out a balanced budget.  If the President
does (and if it meets requirements, including being balanced), that's the
budget for the next fiscal year.
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