tag:blogger.com,1999:blog-1605492921179421570.post2036025786725356979..comments2023-08-28T05:26:24.599-04:00Comments on The Last Embassy: Promises and Base Line Promises: off the map where the monsters live.W.E. Heasleyhttp://www.blogger.com/profile/00368333904571061995noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1605492921179421570.post-1026392423277075222011-08-02T21:02:05.309-04:002011-08-02T21:02:05.309-04:00It is a fact of economics - an axiom, really - tha...It is a fact of economics - an axiom, really - that every actor has limited means and unlimited wants. So, ideally, as you say, a budget would being with income and against that allocate expenditures. But Article I section 8 gives Congress the power to borrow money on the credit of the United States. <br /><br />The Constitution gives Congress the power to coin money. But a power is not a Michael E. Marottahttps://www.blogger.com/profile/14402515044482988601noreply@blogger.com