TRT 0403 Posted April 29, 2009 Report Share Posted April 29, 2009 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?" I think this guy nailed it! Dear Mr. President: Please find below my suggestion for fixing Americas 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... If you think this would work, please forward to everyone you know. :happy feet: Link to comment Share on other sites More sharing options...
2007GT Posted April 29, 2009 Report Share Posted April 29, 2009 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?" I think this guy nailed it! Dear Mr. President: Please find below my suggestion for fixing Americas 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... If you think this would work, please forward to everyone you know. :happy feet: I grew up in St. Pete and my family still lives there. As liberal as that paper is I'm surprised that they printed that. I do agree with it however. Link to comment Share on other sites More sharing options...
Boss Doctor Posted April 29, 2009 Report Share Posted April 29, 2009 That is awesome! But I'm only 48. Link to comment Share on other sites More sharing options...
ejrail Posted April 29, 2009 Report Share Posted April 29, 2009 I'm having another birthday tomorrow. I already qualify anyway. I'll be waiting for my check. I'd gladly retire now, pay off my house and buy a new car :happy feet: Link to comment Share on other sites More sharing options...
Stalwart Posted April 29, 2009 Report Share Posted April 29, 2009 50 TRILLION dollars, WTF? That is simply CRAZY and stupid! Link to comment Share on other sites More sharing options...
Boss Doctor Posted April 29, 2009 Report Share Posted April 29, 2009 50 TRILLION dollars, WTF? That is simply CRAZY and stupid! Spoil-sport! Link to comment Share on other sites More sharing options...
TRT 0403 Posted April 29, 2009 Author Report Share Posted April 29, 2009 Spoil-sport! He obviously doesn't qualify Link to comment Share on other sites More sharing options...
stormeaston Posted April 29, 2009 Report Share Posted April 29, 2009 50 TRILLION dollars, WTF? That is simply CRAZY and stupid! Party pooper! Link to comment Share on other sites More sharing options...
wmoore Posted April 29, 2009 Report Share Posted April 29, 2009 He obviously doesn't qualify Link to comment Share on other sites More sharing options...
David Hawkins Posted April 29, 2009 Report Share Posted April 29, 2009 Make it 48 Years of Age......that way, by the Time it Passes, I will be 48............ Link to comment Share on other sites More sharing options...
DDT Posted April 29, 2009 Report Share Posted April 29, 2009 It would be like Social Security...By the time it finally passes the qualifying age upped @ 90?????? Link to comment Share on other sites More sharing options...
69dejavue Posted April 30, 2009 Report Share Posted April 30, 2009 Part II is how you repair social security. Give everyone, at a certain age, a buyout. A lump sum. and then they will not receive monthly benefits. Future monies would be put in a lock box for ss only. That has been the problem with ss as politicians keep borrowning against it and stealing the funds with the promise to repay. Link to comment Share on other sites More sharing options...
DDT Posted April 30, 2009 Report Share Posted April 30, 2009 Agreed....... Also many wealthy recipiants that do not need it for living expenses.......... Link to comment Share on other sites More sharing options...
KingCobra666 Posted April 30, 2009 Report Share Posted April 30, 2009 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?" I think this guy nailed it! Dear Mr. President: Please find below my suggestion for fixing Americas 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... If you think this would work, please forward to everyone you know. :happy feet: I dont know if it would work but it would be interesting to try it. A direct action bailout, no fat cats get their paws on it first to buy a new yaht. Biggest problem I see is that a million(sans car and mortgage payoff) would not last you the rest of your life, not now. Give em 2 million ...drop in the buck of AIG bailouts... I like it better than another big tax break for John Q Billionaire... Unfortunately I dont quailfy Makes you realize when they talk billions how big those numbers really are. 40 million would do a lot in the regular joes hands. KC666 You could have an opt out..some wont want it. Link to comment Share on other sites More sharing options...
69dejavue Posted April 30, 2009 Report Share Posted April 30, 2009 Agreed....... Also many wealthy recipiants that do not need it for living expenses.......... They may not need it but if they paid into the fund they should receive their fair share in return. Otherwise don't make them pay into the fund. Should SS be optional in the future and force people to start saving when they are young? Should there be a government program that costs millions, if not billions, to administer? Why shouldn';t people save for their own retirement. I do recommend medicare be continued. Link to comment Share on other sites More sharing options...
DDT Posted April 30, 2009 Report Share Posted April 30, 2009 They may not need it but if they paid into the fund they should receive their fair share in return. Otherwise don't make them pay into the fund. Should SS be optional in the future and force people to start saving when they are young? Should there be a government program that costs millions, if not billions, to administer? Why shouldn';t people save for their own retirement. I do recommend medicare be continued. Ya just like we should not be forced to Bail Out Banks and Business for Bad Bahavior???????? Link to comment Share on other sites More sharing options...
sportscars Posted April 30, 2009 Report Share Posted April 30, 2009 We do it all wrong in this country. This is how it SHOULD work: You get $1,000,000 when you turn 18. When you run out of money you go to work and work until the day you die. If you invest and spend wisely you could have a great life. Or you can blow it on strippers and booze :banana piano: . The point is you are young and can do a lot of great things. The way it is now (for most people at least) is you work until your too old to do all the things you wanted to do when you were young and yet you spent your whole life working for it. Stalwart: Way to go - bringing math to a political $ problem . Good thing your not an elected official. Link to comment Share on other sites More sharing options...
DDT Posted April 30, 2009 Report Share Posted April 30, 2009 Ya, it's called "STOCK MARKET 101"........Class Dissmissed??????????? Link to comment Share on other sites More sharing options...
KingCobra666 Posted April 30, 2009 Report Share Posted April 30, 2009 We do it all wrong in this country. This is how it SHOULD work: You get $1,000,000 when you turn 18. When you run out of money you go to work and work until the day you die. If you invest and spend wisely you could have a great life. Or you can blow it on strippers and booze :banana piano: Only about 50% would survive to be 20! What a way to go though! :happy feet: That would take care of SS, Unemployment. Another problem solved by The Team Shelby Economic Recovery Consortium! If we dont kill each other, we might just save the world! What your saying is true though, you work your tail off and by the time you have money built up, your too old and tired to fully enjoy the strippers and booze! I'm still going to try... KC666 Link to comment Share on other sites More sharing options...
JeffIsHereToo Posted April 30, 2009 Report Share Posted April 30, 2009 LOL....someone needs to go back to math class! Link to comment Share on other sites More sharing options...
turnsignaldelete Posted May 1, 2009 Report Share Posted May 1, 2009 ONE Million ?, One MILLION?, That's it ?, Come On, Where's the Love? Where's the compassion? If, that's all, just a mere, ONE MILLION ?, I'll hold out for the, Obama, The Great One's, free slur'pees's and, 'King Cobra' Beer. For by following the Savior obama, and the ret of the Lefties, I will understand the true meaning of , 'Riches through Proverty', and learn to do without. You can keep your million, I'll settle for the obama plan, 'Something for nothing, and nothing for 100% tax's. Link to comment Share on other sites More sharing options...
MikeCMM Posted May 1, 2009 Report Share Posted May 1, 2009 The only real issue I see here is that after it finally gets passed, a loaf of bread will cost a million bucks. Link to comment Share on other sites More sharing options...
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