A Futile Balancing Act
by Stuart Taylor, Jr.
When Robert Bork agrees with Laurence Tribe, and with just about every other law professor and mainstream economist in the land, and with President Bill Clinton; and when the editorial page of The Wall Street Journal is in sync with those of The New York Times and The Washington Post, and when they are all united against something, it’s awfully tempting to be for it.
The push for a balanced budget amendment to the Constitution is what they all oppose- intermittently, in the president’s case.
And so I’d like to be for it. I’d like to agree with literal sage Michael Kinsley, whose contrarian side wrote in 1992 (and still believes) that it’s time to "call this hoary Republican bluff," because "the nation’s deficit addiction must… be cured." I’d also like to agree with conservative sage James Q. Wilson, a "reluctant convert" who last year called the balanced budget amendment "a bad idea whose time has come," and a necessary cure for the public’s "free-lunch mentality."
I’d like to agree, but I can’t quite get there.
That’s because the more you look at the various proposed formulations of the balanced budget amendment-which came close to passing Congress in 1995 and will have more support in the newly elected Congress-the more clear it becomes that (in Bork’s words) this "cure seems likely to be either ineffective or damaging, or both."
In addition, the view that the voters are hopelessly addicted to mortgaging our children’s future-through reckless deficit spending from which we can save ourselves only by amending the Constitution-is a bit less convincing now than it was a few years ago.