Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.

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Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets.

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Low Budget

Cheap is small and not too steep
But best of all cheap is cheap
Circumstance has forced my hand
To be a cut price person in a low budget land
Times are hard but well all survive
I just got to learn to economize
Im on a low budget
Im on a low budget
Im not cheap, you understand
Im just a cut price person in a low budget land
Excuse my shoes they dont quite fit
Theyre a special offer and they hurt me a bit
Even my trousers are giving me pain
They were reduced in a sale so I shouldnt complain
They squeeze me so tight so I cant take no more
Theyre size 28 but I take 34
Im on a low budget
What did you say
Im on a low budget
I thought you said that
Im on a low budget
Im a cut price person in a low budget land
Im shopping at woolworth and low discount stores
Im dropping my standards so that I can buy more
[quality costs, but quality wastes,
So Im giving up all of my expensive tastes.
Caviar and champagne are definite nos,
Im acquiring a taste for brown ale and cod roes ]
Low budget sure keeps me on my toes
I count every penny and I watch where it goes
Were all on our uppers were all going skint
I used to smoke cigars but now I suck polo mints
Im on a low budget
What did you say
Yea Im on a low budget
I thought you said that
Im on a low budget
Im a cut price person in a low budget land
Im on a low budget
Low budget
Low budget
Art takes time, time is money
Moneys scarce and that aint funny
Millionaires are things of the past
Were in a low budget film where nothing can last
Moneys rare theres none to be found
So dont think Im tight if I dont buy a round
Im on a low budget
What did you say
Yes Im on a low budget
I thought you said that
Im on a low budget
Im a cut price person in a low budget land
Im on a low budget
Say it again
Low budget
One more time
Low budget
[i look like a tramp, but dont write me off,
Ill have you all know, I was once a tough
At least my hair is all mine, my teeth are my own,
But everything else is on permanent loan.
Once all my clothes were made by hand,
Now Im a cut price person in a low budget land.
Im on a low budget
Ill have you all know
Were on a low budget
Im on a low budget]

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Balanced Budget... Nov 14th,2012

Balanced Budget …Nov 14th,2012
By
James Bredin


What do you mean; balanced budget; our politicians never heard,
They're busy travelling the world and never got the word,
Okay, we just heard that lower commodity prices are a bad sign,
Will they or will they not, have to examine our credit line?




Should massive government spending be under control?
Should we have forbidden referendums or maybe have a poll?
Have Conservative principles been thrown out the door?
And how do promises of a future balanced budget score?




Is this the same crowd that refused death-with-dignity to us all?
Do they expect us to get down on our knees or maybe crawl?
Why is the federal budget ballooning to $26 billion this year?
Should we forget about this because the government is sincere?

Nov 14th,2012

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We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation.

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We developed during the 1990s a series of budget process rules that helped us bring to heel these deficits, diminishing every year and moving the budget so into surplus.

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I would vote to increase the debt limit if there was a corresponding level of cuts. And if there was some serious talk about a balanced budget amendment, which we as governors always had to deal with.

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I did a record with a producer, and the good producers eat up the budget, so I didn't have any budget left to produce this record. I had to produce it myself.

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You know, the Democrats want to balance the budget by raising spending and raising taxes. The Soviet Union had a balanced budget.

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Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today.

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We've not had one Republican president in 34 years balance the budget. You can't trust right-wing Republicans with your money. You ought to hire somebody who has balanced a budget. I'm much more conservative with money than George Bush is.

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Bush may be a strong leader in the war on terrorism, but on budget deficits he is missing-in-action.

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Our priority must be to build a path towards balancing the budget, and we cannot tolerate growing deficits.

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I've, we have in this state, like many other states, we're experiencing an enormous budget deficit that we're trying to grapple with. But we will have progress despite the deficits.

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Currently a level of unemployment of 7 percent or more seems to be required to keep inflation from accelerating, a level quite unacceptable as a permanent situation.

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Barack Obama

And so our goal on health care is, if we can get, instead of health care costs going up 6 percent a year, it's going up at the level of inflation, maybe just slightly above inflation, we've made huge progress. And by the way, that is the single most important thing we could do in terms of reducing our deficit. That's why we did it.

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In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant such outlandish subsidies to some of our Nation's largest corporations.

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As the revenue of the farmer is realized in raw produce, or in the value of raw produce, he is interested, as well as the landlord, in its high exchangeable value, but a low price of produce may be compensated to him by a great additional quantity.

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Bush has never sent over a balanced budget.

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For one thing, one of the wonderful things that we now have is instead of the huge budget surpluses that President Clinton left us with, we now have these huge deficits that we're going to be facing into the future.

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When Bill Clinton was in town, he sent over a balanced budget.

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