Warren Buffet: I Could End The Deficit In 5 Minutes

[Esselte]

@From CNBC yesterday morning.

“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.”

articles.businessinsider.com/201 … z1c55OWEAa

[anon15543343]

@Esselte

@From CNBC yesterday morning.

“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.”

articles.businessinsider.com/201 … z1c55OWEAa

A legal debt-brake? Where did he get that idea?!
This Teutonic notion is all the rage these days

[September]

Polish constitution limits public debt, if it reaches 55% of GDP then certain restriction will be imposed on goverment. However do not worry about us, as somehow debt is 54.9%

[mr_anderson]

@Esselte

@From CNBC yesterday morning.

“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.”

I could end it in 4

[dolanbaker]

I could end it quicker!

Create a new debt-free currency and outlaw the current debt based currency!

Debt all gone!

[ditch_dweller]

I guess anyone could end it in 5 minutes if they had absolute power. What a stupid thing to say.

[Raketemensch]

https://www.youtube.com/watch?v=QeHVYuRnIjY