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From the article: ""I could end the deficit in five minutes,” he told CNBC’s Becky Quick in a 2011 interview. “You just pass a law that says that any time there's a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election.” Buffett’s longtime business partner the late-Charlie Munger once said, "Show me the incentive, and I will show you the outcome." It’s a philosophy that guides the business decisions and compensation plans across Berkshire Hathaway. This is probably why Buffett believes a deterrent for the American government and lawmakers could shift the way they spend tax dollars. If lawmakers see their re-elections at risk, they may be more careful about government deficit spending." This is the hidden content, please Sign In or Sign Up -
By Separation Scientist · Posted
Everyone needs to realize he rambling here just to troll. Thats exactly what someone overcome with TDS would do. Don't try to state facts or reason with him. Its futile to argue with trolls. -
Have all the AD/HFC positions been filled? Asking for a friend? -
By BS Wildcats · Posted
TDS stops him from thinking harder. It’s a neurological disorder. -
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