[reverett123]

So why not?

"This was an article from the St. Petersburg Times
Newspaper on Sunday. The Business Section asked
readers for ideas on "How Would You Fix the
Economy?" I thought this was the BEST idea. I think
this guy nailed it!

Dear Mr.President,

Patriotic retirement:

There's about 40 million people over 50 in the work force;
pay them $1 million apiece severance with 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."

[reverett123]

http://www.tampabay.com/news/business/article973953.ece

[Fiona]

I like it, too, but wouldn't it cost $40 trillion? That's kinda a lot.

[lurkingforacure]

compared to what we (and our kids, and grandkids, and great-grandkids, etc.) are gonna end up paying, not to mention the ever-burgeoning federal government which will need to create "new" federal agencies to "administer" (my favorite word) the bailout/stimulus/welfare (let's call it what it really is) programs being put forth.

So simple, so workable, and so appealing (what 50-year old, in this economy particularly, would not LOVE to get a million dollars and retire?). Wow, what a concept. Thanks for sharing, Rick.

[reverett123]

Goes to show you not to get excited if there's no blood nor smoke involved.

Originally Posted by Fiona

I like it, too, but wouldn't it cost $40 trillion? That's kinda a lot.

[paula_w]

Originally Posted by reverett123

Goes to show you not to get excited if there's no blood nor smoke involved.

sad, but I still don't get it....... no need to explain, this has been a lifelong thing. lol

paula