11/30/09

How to fix the economic crisis

This is from an article in the  St. Petersburg  Times  newspaper on Sunday.

The Business Section asked readers for ideas on :
”How Would You Fix the Economy?"

This is a letter that was published:

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!

(contact information omitted)

P.S. If more money is needed, have all members in Congress and their constituents 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!

_____________________________________________

Perfect! My friend Cheryl had a similar idea which would work well, too. Hers included sending the $1 million to every taxpayer and doing away with food stamps, welfare, and Medicare. Either one will work for me. Maybe we need to start sending this letter to the White House!

I know what you’re thinking….it won’t do any good. Might not, but it’s a piece of paper and a stamp – what can it hurt?

6 comments:

  1. I like the letter, but it is too direct and makes too much sense, so they will never do it. BTW, I would take less than $1 mil if I could get paid health care and I'd retire tomorrow!

    The second one would never work because of the same reason people who win the lottery go broke. If you've never had money, you don't know how to save and plan for the future, so you spend it all. If we all retire and open up those 40 million jobs, I think that will take care of most things.

    Am I making this up? Nope. I know someone in the Auto Industry who got laid off and was spending her "free $ per week". No thoughts about what to do when her unemployment ran out. With that kind of non-thinking, giving some people money simply will not work. JMO.

    I also think we could fill all the 'low-paying' jobs with people on welfare - make them work for their free money. It's a radical idea, I know.

    And making Congress live on SS? HA! Oh, sorry so negative. I'll shut up now.

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  2. Sorry about that rant. Apparently this struck a nerve. You can delete that comment if you want.

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  3. I agree with L.H. (thanks to her for directing me here after my own rant today...) it is too simple and would probably work too well, so "they" will never go for it!

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  4. Works for me also! I am in NC too! Greenville!

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  5. I love the idea and I'm sure it would work. However, there would be bitterness from everyone that didn't get the million. There would be whining like we've never heard before. All the welfare people would be fit to be tied that they didn't get a million. On the other hand the second idea would never work. If everyone got a million, who would flip our burgers? Who would wait tables? Who would work at gas stations? We'd really be in trouble then. All of those low wage job earners would not need to work. That would be a catastrophe! LOL Best, Curt

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  6. Ha ha! This is awesome. Have a good holiday Jackie!

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Thanks for stopping by, I love reading your comments.