Oh, man. Bill Richardson just repeated his call for a Balanced Budget Amendment to the constitution. The audience, showing what I think is a pretty impressive level of knowledge of budget policy, erupted in boos. And rightly so. This is a terrible idea. Fortunately, Richardson's not going to be president, but imagine if we'd had such a thing in place during, say, the second world war. I dunno what Richardson thinks he's doing.
Matthew Yglesias is a former writer and editor at The Atlantic.