Fun But Serious Sunday Patriotic Retirement Plan
I received this email earlier in the day from my father. What do you think…? Personally I think it has a ton of merit:
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?”
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!
If more money is needed, have all members of Congress and their constituents pay their taxes…
Okay, it’s YOUR turn… so what do YOU think? Please comment!
Tags: 1 million, american car, auto industry, billions of dollars, business section, constituents, dear mr, early retirement, economy, email, job openings, lavish parties, members of congress, million cars, mr president, retirement plan, severance, st petersburg times, st petersburg times newspaper, unemployment
May 11th, 2009 at 6:25 am
Excellent plan! I think if you add in Birk’s economics, the country will be in fine shape!
Lindas last blog post..A Green Friendly Innovative Dwelling
May 11th, 2009 at 8:53 pm
Hey Linda! While earlier posts showed that Birk was on the right track, but with a decimal out of place, this one does sort of make sense. The only IF would be okay so you get your million, tax free of course, use it in the methods above and then have some place to put it that would be guaranteed for the rest of your life – acts of god not withstanding – to produce an income for your remaining years on the planet – be the 50 or 5 but constant….
May 12th, 2009 at 4:21 pm
It cost 40 TRILLION!
May 13th, 2009 at 10:34 pm
Yep, 40 trillion but in terms of stimulating a flagging (dead?) economy it does have its merits. I’d take into consideration that a huge portion of that would be going straight back into the economy. The only worry would be who to trust or where to trust to put the remaining so you’d really have anything leftover (since you would have retired) to really live very long. Too many crooks.
Diane Scotts last blog post..Comprehensive Training For Those New To Internet Marketing
May 15th, 2009 at 12:27 pm
i think that’s a great plan. it would definitely boost the economy.