Here’s the latest quotation making the rounds on Facebook:
“I could end the deficit in 5 minutes,” Warren Buffett 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 hope it’s genuine, but even if it isn’t from Warren Buffett, it’s still a darned good idea.
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*Gross Domestic Product, as opposed to GNP (Gross National Product) or NNI (Net National Income) or a number of other economic factors.
For a list (three lists, actually -- take your pick) of countries by GDP (nominal), click here. Our old friend Tuvalu is 190th of 191 countries on the third list. I’m just sayin’....
That would certainly concentrate the minds of the politicians.
ReplyDeleteThe GDP list is interesting too, if only for knowing that Tuvalu isn't at the bottom of it!
Sounds good to me!
ReplyDelete"New Tart Buffer" is an anagram of Warren Buffett. Tarts look very nice when newly buffed.
ReplyDelete"Eat Borer Grub" is an anagram of Robert Brague. The borer grub is especially tasty and often found munching through antique furniture.
I HAVE READ EVERY WORD of the lovelock piece and understand his thinking precsly<><>the only thing that could have made it better if i had found even one miss spelled word, but alas<><>he makes perfect sense to me and i also have a bald spot in the middle of my head and that makes all the differance to me
ReplyDeleteThanks to Shooting Parrots and Pat in Arkansas for comments that indicate you are actually reading my blog.
ReplyDeleteA special shout-out to Yorkshire Pudding: Re tarts, you should know. Re the borer grub, in contrast to it I have excellent taste and am often found sprawled out upon antique furniture.
Mr. Barlow (Putz), you simply must stop responding to a comment I leave on your blog on my blog. Doing so is very confusing, even when I (and probably only I) know that you mean Prufrock and not Lovelock. So you have a bald spot on your head. I dare to eat a peach. Once again, we are not quite twins.
That just might work! :)
ReplyDelete