Episode 310: The Ratchet Effect and Civil Disagreement (fixed)
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Is a Balanced Budget a Good Idea?
"There's no way around these sorts of problems," he says. "If the budget is not balanced, everybody in Congress goes to prison." The federal government would have to be matched exactly as often and by exactly as much of us coming in under budget,. He adds: You're never going to be perfect year-in-year out.
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