How Warren Buffet would end the deficit in 5 minutes

What’s the trick?

You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.

Seems simple enough.

Read more: http://twentytwowords.com/how-warren-buffet-would-end-the-deficit-in-5-minutes/

2 responses to “How Warren Buffet would end the deficit in 5 minutes”

  1. Jason says:

    lol i’ve seen this making the rounds on the interweb for a few days now. It’s all very pompous grandstanding. The incentives for lawmakers revolve entirely around *getting re-elected*, not necessarily *doing good*. No congressman would ever voluntarily put in place another obstacle to re-election.

  2. Jason says:

    actually let me add to that- their incentives include *getting re-elected* and/or *getting a lot of money*.

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