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The "Regular Order" Won't Restrain Spending

Cato Podcast

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Debt to GDP

A constitutional amendment on their spending on debt, you know, over all, that would limit spending. How does that change the incentive to declare war? Well, when you declare war, you know who your enemy is,. You know what your objective is, and therefore you know when it's over. Unfortunately, today we're doing the opposite. We're growing the new thenumerator fastr than the dominator. That's not a positive future for our country. The swiss frank is far out performing the us Dollar. They would lose their i'm going to try to pick this apart just a little bit.

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