Convention of States has a great post:

If you’ve been wondering exactly how economic amendments could rein in federal government, look no further than Peter Ferrara’s recent article on Forbes.com.

Ferrara, Director of Entitlement and Budget Policy for the Heartland Institute, demonstrates how Mark Levin’s proposed amendments could drastically improve America’s economic policy.

Ferrara explains in detail how constitutional economic amendments could limit the power and jurisdiction of the federal government. One by one, he describes the benefits of each amendment, showing the particular ways Levin’s proposals would help the United States rebound from these tough economic times.

He concludes: “The potential tidal wave of public opinion and grassroots activism that Levin’s book could generate should not be easily dismissed.”

We agree.

“But now comes the most effective response to Wilson, and the whole Progressive Movement, since Ronald Reagan… The Liberty Amendments: Restoring the American Republic. Levin’s Balanced Budget Amendment provides, “Total outlays of the federal government for any fiscal year shall not exceed its receipts for the fiscal year.”  That means the borrowing power of the federal government would be eliminated, which inherently limits government. But the best part of any Balanced Budget Amendment is that it renders Keynesian economics unconstitutional. Keynesian economics holds that the key to promoting economic recovery is to increase federal spending, deficits and debt. If that sounds nuts, that is because it is. Levin’s Amendment to Promote Free Enterprise would return the Commerce Clause to its original intent, which was not to grant the federal government the power to regulate interstate commerce, but to prevent states from adopting protectionist regulations on trade between states.”

You can check out the entire article here.

 

About The Author

Nancy French

Nancy French is a three-time New York Times best-selling author. Her most recent books include a collaboration with Sarah Palin on her new book Good Tidings and Great Joy: Protecting the Heart of Christmas and with famous Chinese dissident Bob Fu on his book God’s Double Agent: The True Story of a Chinese Christian’s Fight for Freedom. Other books include Home and Away: A Story of Family in a Time of War which she co-authored with her husband David French. She also collaborated with Bristol Palin on her book Not Afraid of Life: My Story So Far and with Olympic gold medalist Shawn Johnson’s A Winning Balance: What I’ve Learned So Far about Love, Faith, and Living Your Dreams. She also wrote Red State of Mind: How a Catfish Queen Reject Became a Liberty Belle. She is the editor of the Faith and Family Channel on Patheos, writes for National Review Online and Rare magazine, and has written in numerous publications, such as USA Today, Parents magazine, and the Philadelphia Inquirer.   She and her husband David have a home in Franklin, Tennessee, where they and their three children attend Zion Presbyterian Church (PCA).

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