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Thursday, April 23, 2009

How Would You Fix the Economy?

This is probably an article from the St. Petersburg Times Newspaper - Sunday Edition .
The Business Section asked readers for ideas on "How Would You Fix the Economy?"
Some people thought this was the BEST idea.  He nailed it!
 (Remember ... its the US economy they are talking about)
 
There are about 40 million people over 50 in the work force; pay them $1 million a piece 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.
 
All this, and it's still cheaper than the "bailout".
 
Smart !!  Isn't it !!

2 comments:

  1. Ultra Smart........!! So u mean all the Economic problems are finally coming to an end....!!

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  2. wrong assumption!
    let's say i am 50 and you give me $1m, ... so is it sufficient for rest of my life? given the kind of spending options you have provided, it might not even last a year... what next then! (as by taking $1m, i am already out of job!)

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