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Sunday, June 8, 2025

Big Idea

A great idea: 

Mike Lee Proposes Constitutional Amendment to Oust Congress When Deficit is Too High

Senator Mike Lee (R-UT) has proposed a constitutional amendment that would make all members of Congress ineligible to run for reelection “whenever inflation exceeds 3%” or when the deficit exceeds 3% of gross domestic product (GDP).

The proposal revives an idea first suggested by Warren Buffett more than 10 years ago in which Buffett suggested he could “end the deficit in five minutes” by disqualifying lawmakers based on the nation’s economic health.

In a post on X, Lee wrote, “It’s better to disqualify politicians than for an entire nation to suffer under the yoke of inflation.”

Great idea, but you know it doesn't have a snowball's chance in hell of becoming law.

 

 

1 comment:

Rick said...

Each member of Congress to live in government barracks and subsist on food stamps. The amount of food stamps not to exceed the amount of the 50th percentile of American citizens qualified to the program as of year 2010.