Saturday, April 04, 2009

*The* Financial Solution

The business section of St Petersburg Times asked readers: "How Would You Fix the Economy?" Here's an interesting idea:

Dear Mr. President,

Patriotic retirement: There are about 40 million people over 50 in the work force; pay them $1 million apiece severance pay with three stipulations:

1) They leave their jobs. Forty million job openings - Unemployment fixed.
2) They buy NEW American cars. Forty million cars ordered - auto industry fixed.
3) They either buy a house or pay off their mortgage- housing crisis fixed.

All national financial problems fixed and at a cost of only $40 billion rather than the $1 or 2 trillion the current and past administrations spent/proposed.


The math is wrong - it would cost $40 Trillion - but aren't we headed there anyway, and wouldn't this solve the problem almost immediately?!

2 comments:

RenoRanger said...

How would you feel if you were 49 1/2 and just missed the cut???

ajayhawk said...

Not too bad - it means you can now go back to your assembly line and make some more cars, and get the great benefits at your company, Generous Motors!