I have wondered how one person can effect change in Washington and have come to the firm conclusion it can’t be done. With all of the politics and the mother of all bureaucracies how can one individual, no matter how motivated get anything done, and I mean change that rattles the rafters. Politicians come in and most certainly are caught in the swamp of greed and self-importance, it’s just the nature of things in that town.
So I think an experiment should be tried by both houses and whoever is elected POTUS come November.
Since they can’t get anything done collectively, I say hire a temporary panel of the best economists the country has to offer. And I would model it after the Manhattan Project. If you are not familiar with the secret atomic bomb project Google it, you will get more info than me posting here. I assume most of you know what transpired. In short they developed an atomic weapon that ended World War II. Pretty important project, and the scientists were all under military rule to bring the weapon to fruition.
So, anywho, let’s say that we round-up the best of the best…with one mission…figure out a way to pay off the national debt in 10 years. Yep that’s right, TEN YEARS.
Now the kicker, in return for their efforts, they will be paid Ten Million Dollars to split amongst them after they come up with the program, basically one million for every year it takes to eliminate the debt. Now you probably think that spending 10 million would be more spending, well, not with the caveat that instead of raising corporation taxes and taxing the top 1%. The top business people in the country can pay for the reward. No taxpayer money goes towards the prize.
This panel would have as long as needed but under pressure to come up with something sooner than later, as the problem they are trying to overcome, may overcome them if it takes to long. No military cut’s will be allowed. It is the Washington bureaucracy that should bear the brunt of the decisions. Hell I would even give them 20 million, it would be that important.
Since Politicians can’t do it, take it out of their hands. They could not build an atomic bomb, so they brought in experts. They can’t fix the debt problem, so bring in experts…and reward them handsomely.
That’s all I have to say about that.
I tried to find hot economists, apparently they are camera shy, scientists will have to do for purposes of dressing up this post.
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