ein0p parent
Buffett's suggestion, while elegant, would require that Congress passes legislation on this, which there's zero percent chance that it would, in its present state.
The current state of the government is that Congress has tacitly ceded their power to the President. They are allowing him to do things that generally would not be permitted with out Congressional approval, because the majority is aligned with him anyway.
An intelligent or competent leader who had the power currently enjoyed by the President would be able to implement the system suggested by Buffet, and it would likely see less opposition than the current tariffs have.
An intelligent or competent leader probably wouldn’t be in power in a situation like this. This is a situation that arises when the partisans have chosen blind allegiance to a cult of personality over the kind of messy politics you get when you have to try to win the allegiance of a party by proposing policy that a majority can get behind.
Actually, no. They haven't "ceded" a damn thing. If they did, the GOP would be working on Trump's legislative agenda, which is something it's been sabotaging again and again in spite of having a slim majority in both the House and the Senate. The plan seems to be: sabotage until midterms, then lose one or both majorities to dems, and raise money off "gracefully losing" for the remaining 2 years of Trump's term. That was the plan 8 years ago, too. It worked.
I fear that Congress will be unable to pass anything that isn't a budget resolution for the foreseeable future.
The filibuster rule requires bipartisan agreement to implement any proposed policy, and neither party wants to give an administration from the other party any kind of win.
Perversely, the better the idea, the less likely it is to pass Congress.
Better idea -> it will be successful -> it will be popular -> the administration will benefit politically -> the other party will oppose it -> it won't get 60 votes in the Senate -> it won't become law
I see the current situation as essentially the best ad for “Congress” (however slow or ineffectual) that one could write.