@mcuban If I could amend Mr. Buffett's idea:
"Pass a law stating that if the deficit exceeds 3% of GDP, all sitting members of Congress are ineligible for re-election."
@mcuban Warren Buffet had it right.
Anytime spending exceeds revenue by 3% or more, all sitting members of both houses become ineligible for reelection.
@mcuban That’s Congress job, isn’t it?
By reducing spending.
How can The Fed reduce debt-to-GDP?
By not printing?
How are they supposed to avoid printing when debt is so extreme & nobody wants to buy bonds? Default?
45 years ago today #DeadKennedys released their second single "Holiday in Cambodia"
It's time to taste what you most fear
Right Guard will not help you here
Brace yourself, my dear
Brace yourself, my dear........
BREAKING: Reporter:
“We are seeing the ports here in the US—the traffic has really slowed and thousands of dock workers and truck drivers are worried about their jobs”.
Trump: “That’s good, it means we lose less money”.
That's NOT what it means, Mr. "I bankrupted 6 companies".
BREAKING: Reporter:
“We are seeing the ports here in the US—the traffic has really slowed and thousands of dock workers and truck drivers are worried about their jobs”.
Trump: “That’s good, it means we lose less money”.
That's NOT what it means, Mr. "I bankrupted 6 companies".