Dear Editor: Here is Senate Minority Leader Mitch McConnell: “The time has come for a balanced budget amendment that forces Washington to balance its books. If these debt negotiations have convinced us of anything, it’s that we can’t leave it to politicians in Washington to make the difficult decisions that they need to get our fiscal house in order. The balanced budget amendment will do that for them. Now is the moment. No more games. No more gimmicks. The Constitution must be amended to keep the government in check. We’ve tried persuasion. We’ve tried negotiations. We’re tried elections. Nothing has worked.”
Indeed elections don’t work because they have become auctions, and whichever party raises the most money from their special interests typically wins. Recently it’s mostly been the right wing, which spends more on campaign bribes than the left (unions).
But a balanced budget amendment? Are you kidding?
This “sounds” like absolutely the right thing to do — but NOT with our current moneyed political system controlled by the highest bidder! A balanced budget amendment would turn this nation into a banana republic. Can you imagine what would happen if Congress had to cut spending or raise taxes to balance the budget, and YOUR side didn’t come up with enough bribes?
As I said in my Jan. 17 blog, ask these questions:
If your politician’s choice is to “balance the budget” by either (a) cutting entitlement or social spending, or (b) cutting spending on projects or contracts for the corporate interests that fund his elections, which way do you think the vote will go?
If your politician’s choice is to raise taxes on the top 3 percent, or not, would you expect him to do that if those top 3 percent are the funders of his campaign? Or would he instead cut entitlements to protect his funders?
There is just one solution: public funding of campaigns. Corrupt politicians got us into this mess, and only removing the corruption will correct it.
retired business owner from Colgate and publisher of http://MoneyedPoliticians.net