Degrees in politics or applicable sceinces.
Experience governing over the course of many years.
They don't hire people that don't best fit the job, it is in the interest of the political party to hire the best qualified people. They won't just hire randoms for the sake of it . Do you even apply logic to your arguments.
A lost resort plan is an irrelevance, the government would also consider the same but we are far, far far from that. Defaulting would totally ruin the country. (look at greece, cyprus, etc)