An Ohio Public Radio show included comments by Dr. Richard Vedder, Director of the Center for College Affordability and Productivity and Professor Emeritus of Economics at Ohio University’s College of Arts & Sciences.
Listen to the report by Karen Kasler on “Effectiveness of Proposed Balanced Budget Amendment Unclear.”
“We are endangering future generations by massive deficit spending and the debt reduction proposals and the balanced budget amendment seem to be sort of a crude way of dealing with the issue, they are usually effective as state governments have shown time and time again with their own budgets.”
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