Wednesday, April 01, 2009

Fixing the economy

Cindy Reynolds sent me the following WONDERFUL story:

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

Dear Mr. President,

Patriotic Retirement: There are about 40 million people over 50 in the work force. Pay them $1 million dollars apiece severance pay with these 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.

Done !!!

Now isn't THAT much more effective than throwing billions to the greedy un-needy?

I love it. I just love it! (And heck, it sounds as if it would work.)

UPDATE: Crumbs. It wouldn't work. It would only cost the government 40 million dollars if you gave each person $1.00. Poo. I can't believe I didn't notice that right away!

2 comments:

  1. Ha! Just realized the math is wrong. 40 million times a million is $40 trillion. So it won't work. But it's a cute joke! :-)

    Thanks to Patty Snyder for pointing this out!

    ReplyDelete
  2. Anonymous11:08 AM

    Still might not be a bad idea even costing 40 trillion. We're probably going to spend that before it is all said and done anyway.
    Carolyn

    ReplyDelete

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