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Plan to fix the economy


Goldbug
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I don't know who thought of this, but hmmm ...

Dear Mr. President,

Please find below my suggestion for fixingAmerica '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! 88-)

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I'm guessing you a'int 50.

I am,still have a pulse and want to/need to work.Things like children,house note

and the fact that I still have a great deal to contribute?

One million and I have to buy a new car? New cars are a loosing deal,even if you have the means.

I hope to live to a ripe old age,hoping for 80 good years.One million sounds like enough,but in reality no.

This sounds like Jonathon Swift's "A Modest Proposal".

Hope it's a satire as well.

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  • 2 weeks later...
...Mr. President, while you're at it, make Congress retire on Social Security and Medicare. I'll bet both programs would be fixed pronto! 88-)

Love It!!! Good Post.....

Heard yesterday on the news, they are increasing the age for retirement......lol...

Never ending battle.... only delays my future plans to retire in a 3rd world tropical country, living like a king (on SS income).....

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How about something a bit more realistic?

Like instead of giving the money directly to the banks and auto industry to pay their bonuses off first, make it route through the consumer first.

Give each working American 50,000 (just a figure thrown out, I haven't done the math yet so don't get too critical) stimulus that is not actually going to them as cash but as a credit to pay up or off some of there debt. Mainly mortgages and auto loans. The consumer's debt is lowered or wiped which relieves the stress of Americans losing homes. The money still goes to the banks and it becomes a win situation for both the consumer and the financial industry.

The bank pretty much still gets the bailout and the consumer does lose his life long dream. The consumer is then again able to continue spending and the economy is stimulated.

I am no lawyer or big business man just a simple middle class guy caught in the middle of all the great leaders choices.

This is just off the top of my head and would like to hear what others think?

From my understanding there is talk of another bail out again. Why make the same mistake twice.

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Guest usctrojanalum

With all of the bailout money dished out, the govt could have instead allocated that money and given 129k to every family in America. Would have fixed the economy in 2 years.

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