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kentuck

(110,950 posts)
Thu May 2, 2013, 05:40 PM May 2013

Warren Buffet's 5-Minute Plan to fix the deficit:

http://www.cnbc.com/id/43670783

<snip>
Warren Buffett says he could fix the U.S. deficit problem very quickly.

Here's his not-entirely serious (but not entirely joking either) plan, as told to Becky Quick during this morning's live interview on CNBC:

"I could end the deficit in five minutes. You just pass a law that says that any time there's a deficit of more than three percent of GDP, all sitting members of Congress are ineligible for re-election. Yeah, yeah, now you've got the incentives in the right place, right? (Laughs)
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Warren Buffet's 5-Minute Plan to fix the deficit: (Original Post) kentuck May 2013 OP
Like any member of congress would pass a law that limits his/her time in congress. nt Stretch714 May 2013 #1
K & R AzDar May 2013 #2
Hell yeah! randome May 2013 #3
I don't think it would take THAT much. bvar22 May 2013 #4

bvar22

(39,909 posts)
4. I don't think it would take THAT much.
Thu May 2, 2013, 07:15 PM
May 2013

Instead of not allowing them to run again,
I think all we would have to do is make them wait an hour before getting on an Airline.

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