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New Stimulus Plan! Might work!

woodmaster9woodmaster9 Member Posts: 416 ✭✭✭
edited February 2010 in General Discussion
The Fix

There recently was an article in the St. Petersburg Fl. Times. The Business Section asked readers for ideas on: "How Would You Fix the Economy?"
I think this guy nailed it!
_____

Dear Mr. President,

Please find below my suggestion for fixing America 's economy. Instead of giving billions of dollars to companies that will squander the money on lavish parties and unearned bonuses, use the following plan. You can call it the "Patriotic Retirement Plan":


There are about 40 million people over 50 in the work force. Pay them $1 million apiece severance for early retirement with the following stipulations:

1) They MUST retire. Forty million job openings - Unemployment fixed.

2) They MUST buy a new American CAR. Forty million cars ordered - Auto Industry fixed..

3) They MUST either buy a house or pay off their mortgage - Housing Crisis fixed.

It can't get any easier than that!!

P.S. If more money is needed, have all members in Congress pay their taxes....

Mr. President, while you're at it, make Congress retire on Social Security and Medicare. I'll bet both programs would be fixed pronto!
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    KSUmarksmanKSUmarksman Member Posts: 10,705 ✭✭✭
    edited November -1
    ummm...40 million X $1million is $4x10^13 or 40 TRILLION
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    fishkiller41fishkiller41 Member Posts: 50,608
    edited November -1
    1). Those jobs get filled immediately by insiders.
    2)GM makes billions.
    3)Their all over 50, their homes are already payed for.(mostly, if they have careers) Bur they would be spending a lot more money on their homes/buying or building more homes...
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    LaidbackDanLaidbackDan Member Posts: 13,143 ✭✭✭
    edited November -1
    quote:Originally posted by KSUmarksman
    ummm...40 million X $1million is $4x10^13 or 40 TRILLION
    Once again math sucks all the fun out of life.
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    jonkjonk Member Posts: 10,121
    edited November -1
    The experience of older workers shouldn't be lost just like that.

    There's room enough in the market and workforce for anyone and everyone who wants a job. There is no limit to jobs. The limits are imposed by government.

    Let the market decide. Stop trying to regulate it. Profits are good. Those who squander their profits will fail. No more bailouts!
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    spasmcreekspasmcreek Member Posts: 37,724 ✭✭✭
    edited November -1
    i doubt that America can survive the pit of debt that obummer has so readily dumped us in unless new congress can rescind, cancel, eliminate 90% of what has been done....china & russia are coming on strong now that we have weakened ourselves in the world and nothing is readily being done about it except more spending by our elected idiots
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    fishkiller41fishkiller41 Member Posts: 50,608
    edited November -1
    The money that is going into bailouts could have retired every one over 35!!!!!!!!
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    cnsaycnsay Member Posts: 1,373 ✭✭✭✭✭
    edited November -1
    quote:Originally posted by LaidbackDan
    Once again math sucks all the fun out of life.


    Happens a lot in real life doesn't it?
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    tomahawktomahawk Member Posts: 11,826
    edited November -1
    dam woodmaster...you must work for congress...you can't cipher either[;)][:D]
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