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.