Warren Buffett, I believe, suggested passing a law making every sitting member of Congress ineligible for reelection whenever the federal deficit exceeds 3%
I suspect he suggested 3% because of the yearly GDP growth at the time, but I say make it 0%. Politicians shouldn't have the authority of indebting future generations.
I suspect he suggested 3% because of the yearly GDP growth at the time, but I say make it 0%. Politicians shouldn't have the authority of indebting future generations.