July 11, 2011

It would never pass but...

...this wonderful bit of common sense from Warren Buffett:
How to end the USA's deficit spending?
Warren Buffett has a possible solution:
"I could end the deficit in 5 minutes. 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."
Now why didn't the Founding Fathers put that in the Constitution? And why hasn't someone already put it out there as a proposed Constitutional amendment?
And a big tip 'o the Fedora to Peter at Bayou Renaissance Man Posted by DaveH at July 11, 2011 9:08 PM
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