Quote:
Originally Posted by Drolefille
It wasn't meant to. The concept of "balancing the budget" is taking in more than you spend (none of this addresses the national debt of course). It's just the opposite of losing weight which is taking in less than you burn off.
Theoretically both are simple, in reality they're not that easy.
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I just read this article and the last line in it reminded me of your post (to paraphrase, the math is easy, the politics are hard). Frankly, just the size numbers we're talking about gives me a headache.
http://money.cnn.com/2008/02/22/news...ey_mostpopular
The 44th president's $4 trillion headache
The candidates want to do things like reduce taxes and fix health care. But they'll have to deal with the cold realities of the federal budget.
By Jeanne Sahadi, CNNMoney.com senior writer
February 22 2008: 3:07 PM EST
NEW YORK (CNNMoney.com) -- The presidential candidates all have big plans for their time in the White House. Reform health care. Reduce taxes. Close corporate loopholes. Encourage savings. The list goes on.
Like college graduates whose career choices may be limited by their student loan debt, however, the next president could be constrained by the federal budget. ...
whole story at link above ...
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