Warren Buffett, in a recent interview with CNBC, offers one of the best quotes I’ve heard in all this drama about the debt ceiling:
“I could end the deficit in 5 minutes,” he told Becky Quick. “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 re-election.”
Short, sweet, and everybody wants to see it!
I love it! I love it! I love it!
Melinda’s Thoughts: The ‘problem’ with Social Security could also be “fixed”, if all of our political figures were ALSO a part of Social Security, instead of these lucrative “retirement” packages that they receive.