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  • Absolutely. Balancing budget is a must

    Of course the gov't should balance its budget. That's what responsible people do day in and day out. If you can't balance the budget, you have no business of being a leader. The budget is not balance (way overspending) because the gov't choose to continuously to enable the irresponsible while punishing the responsible.

  • Need to Balance

    There is a large problem we are not dealing with. I do agree with the point made on the other side that for a certain small period of time, like in a crisis, we can get away with carrying over some debt. The problem is that this has allowed for a very lax attitude which is not sustainable in the long run. We now have a much larger than "negligible" debt, and many still have the illusion that this is OK. We have allowed ourselves to not deal with a major problem by denying that it exists. It is somewhat comparable to drug addiction in the sense that you can live in denial up to a point, and say "I'm still alive, so there must not be a problem" ...But there does come a point when the problem finally overwhelms you, and then it can be too late, or too painful to change.

  • Yes, just like families have to.

    Yes, the government should have to balance its budget, because that is good, sound fiscal policy. Not balancing the budget is setting the country up to have problems on down the road. The country is writing checks that it cannot cash, and it will catch up with the country and cause problems eventually.

  • Better the Country

    America spends to much money on imports and does not have enough exports. With this it makes it so that the American population gets a higher debt and less of a chance to get help from the government to pay for it. This makes the citizens not want to try and help the government when the government can't help them.

  • For their country safety

    They need alway have a money balance to their country or place so they not need to borrow a maney from same were baceuse id incase they need it now ney can fast to withrow but if you dont have a balance you need a alot of inpormation they can ask you so Im agree that they should be alway have a balance budget.

  • Future generations have rights too

    Government spending beyond the limits of tax revenue requires borrowing. That borrowing is funded by domestic investors, private foreign investors and other nations,wishing to invest surplus funds.

    These investors require a return. They require governments wishing to borrow to promise them some of a country's future tax revenue.

    However, future taxpayers have no vote in that decision. Therefore the process of government borrowing for a period longer than the usual term of governments is less democratic than a balanced budget.

    Given most government borrowing is in fact for longer than average lifetimes - or in some cases indefinitely (such with as certain UK government debts) - the future so-called "democratic citizens", who fund the investors in government debt, have no say, no vote, no bearing at all on that portion of their expenditure.

  • Yes, the government should balance it's budget.

    The United States needs to stop increasing it's astronomical debt for the fiscal health of its future. The first step is to balance the budget so that no further debt is created. Expenses greater income is a problem even an elementary child can understand. There are many areas of spending the US could cut back on without raising taxes. However, with the two party political system and lobbyists, it's almost impossible for politicians to agree on anything.

  • Yes. The goverment should balence its budget.

    Yes, I believe this statement. The government should always be balancing its budget. If they don't balance their budget, we could fall into a crisis and not come out of that crisis. The government should be able to easily balance there budget without trouble. This should be an easy process. They need to be more fluid.

  • Yes

    We need to stop spending so much money and get the budget under control. We do not want to end up like one of those third world countries that their money is worth nothing. We have borrowed too much money already from countries like China. We do not want to end up under their thumb.

  • Yes, the government should balance its budget

    The government should balance its budget because the debt the US government has right now is unsustainable. Not only does it affect the national credit rating, but it also places a heavy burden for the Americans for the generations to come. I think the government should cut the programs that waste money to control the deficit.

  • Development is more important

    Money is a means of development, not balancing the income and expenses. As long as the development pays off the investment charges, then budget will balance itself.

    Money is a power for development but if you don't have the development then money is useless. We need to take into consideration of inflation.

    Investment only compete the inflation. If holding money, in long run value of money will depreciated.

  • I don't think so.

    A budget deficit can be sustainable providing fiscal stimulus creates economic growth which can pay off the debt in the long run. A small amount of debt can be eroded over time providing inflation is higher than the interest rate - although resting on this policy is not advisable (see Hyperinflation in Germany). Imbalance should be allowed - deficits when spending is needed, a surplus in the good times - and can be constructed through automatic stabilizers. Long-term investments by a government (effectively assets), such as hospitals, education spending, infrastructure, are not accounted for, so the description of a "deficit" may be misleading. However, a deficit to the extent of the U.S. And U.K. Governments at present is unsustainable, particularly with an aging population, which shall increase the burden on pension payments and healthcare (e.G. NHS and Medicare). A budget balance is not essential, but the deficit needs to be controlled.

  • A small imbalance can be sustainable

    A budget deficit can be sustainable providing fiscal stimulus creates economic growth which can pay off the debt in the long run. A small amount of debt can be eroded over time providing inflation is higher than the interest rate - although resting on this policy is not advisable (see Hyperinflation in Germany). Imbalance should be allowed - deficits when spending is needed, a surplus in the good times - and can be constructed through automatic stabilizers. Long-term investments by a government (effectively assets), such as hospitals, education spending, infrastructure, are not accounted for, so the description of a "deficit" may be misleading. However, a deficit to the extent of the U.S. and U.K. governments at present is unsustainable, particularly with an aging population, which shall increase the burden on pension payments and healthcare (e.g. NHS and Medicare). A budget balance is not essential, but the deficit needs to be controlled.


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