Keith Evans
Oct 17, 2021

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One of the most often suggested amendments is a "balanced budget" clause, with some even wanting to return to a gold standard, pinning our currency to a commodity. This is scary stuff because the people suggesting this have no clue about macro-economics and are simply repeating politically popular nonsense that riles up their voter base.

This would, in less than a year of enforcement, destroy the economies of half the world and leave us subject to the whims of the other half. With no legislative path out of such a mess it would be years before we could even undo the damage and attempt to recover. It would be a pickle that even the highest court couldn't pull us out of, given its obligation to defend the changes once they were made.

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Keith Evans
Keith Evans

Written by Keith Evans

Meandering to a different drummer.

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