A balanced budget amendment is good for the economy. If a person has financial problems, they need to learn how to live within their means and tighten their purse strings. Why shouldn't the government do the same? It would be nice if my grandchildren weren't going to be paying off what we are spending today.
I believe adding an amendment for a balanced budget would be a good thing for the United States and the economy. I think, as a nation, we've come to believe that it is okay to continuously ride a line of credit, which in real terms is not a good idea.