Thursday, July 28, 2011

Simple Way to Balance the Federal Budget Pronto

It can be accomplished right now by just suspending all compensation and other payments to member of Congress, their staffers, the president, and all members of the cabinet so long as the budget is out of balance.


Incentives do work -- even the  crazies who sit in the California legislature managed to come up with a budget that is nominally balanced. They miraculously acted with great alacrity once failing to adopt a budget that could be claimed to be balanced meant they wouldn't be getting paid.

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