Election Time

Warren Buffet, in a 2011 interview with CNBC, offers one of the best quotes about the debt ceiling:

“I could end the deficit in 5 minutes,” he told CNBC. “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.

I think this is a great idea. But I also think the idea of career politicians is not good. Term limits in all elected positions, so we get fresh blood, fresh ideas and folks willing to take risks for the people rather than play it safe for re-election.

Just my thoughts, make sure you get out to vote, for something.

Advertisements

One thought on “Election Time

  1. Our Founding Fathers volunteered their time to create this nation, and they all had other business of some sort that fed their families. I understand that it would be asking a bit much of our congressmen & women to work for free, but it also should not be their sole means of support and/or retirement plan. Term limits, and they live by the same rules and benefit from the same retirement and health plans as the rest of us. Golly… Is that a radical idea or what?

    BTW – I was really convicted by yesterdays blog on “What is the cost?” Great stuff! Thanks!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s