The Fix
There recently was an article in the St. Petersburg , Fl. Times. 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 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!!
P.S. If more money is needed, have all members in Congress 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!
In article <[email protected]>, [email protected]
says...
>
> The Fix
>
>
> There recently was an article in the St. Petersburg , Fl. Times. 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 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!!
>
> P.S. If more money is needed, have all members in Congress 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!
Well it's nice to know that math education is alive and well and living
in Saint Petersburg, FL.
In article <[email protected]>, [email protected] says...
>
> On Sun, 14 Nov 2010 06:57:36 -0500, J. Clarke wrote:
>
> > In article <[email protected]>, [email protected]
> > says...
>
> >> 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:
> >>
>
> > Well it's nice to know that math education is alive and well and living
> > in Saint Petersburg, FL.
>
> OK, he can't count. But what did the bailout cost? I've seen estimates
> anywhere from 5 trillion to 14 trillion. So far, not a lot of results
> for anyone other than Wall Street. Forty trillion spent as suggested
> might actually work :-).
>
> Let's see. $250,000 for a decent house, $30,000 for a car, and $20,000
> blown in a celebration leaves me with $700,000 assuming the million was
> tax free. That brings in $35,000 a year forever at 5% or $56,000 at %8
> for as longer than I'm likely to live.
>
> At $56,000 a year and no mortgage we could even give up our Social
> Security - another problem solved!
<rolls eyes>
Google "world GDP".
On 11/14/2010 5:57 AM, J. Clarke wrote:
> Well it's nice to know that math education is alive and well and living
> in Saint Petersburg, FL.
Still, they do stand a good chance of being right about what would
happen if congress was required to eat its own dog food.
--
www.e-woodshop.net
Last update: 4/15/2010
KarlC@ (the obvious)
On Nov 14, 12:39=A0pm, GROVER <[email protected]> wrote:
> On Nov 14, 5:49=A0am, "Paul T." <[email protected]> wrote:
>
>
>
>
>
> > The Fix
>
> > There recently was an article in the St. Petersburg , Fl. Times. 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 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!!
>
> > P.S. If more money is needed, have all members in Congress 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!
>
> IIRC 40 million people (40 x 10^6) times 0ne million dollars per
> recipient (1 x 10^6) equals 40 trillion (40 x 10^12). =A0Thats a lot of
> dough.
> Joe G
That's a lot of ink!
On Nov 14, 5:49=A0am, "Paul T." <[email protected]> wrote:
> The Fix
>
> There recently was an article in the St. Petersburg , Fl. Times. 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 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!!
>
> P.S. If more money is needed, have all members in Congress 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!
IIRC 40 million people (40 x 10^6) times 0ne million dollars per
recipient (1 x 10^6) equals 40 trillion (40 x 10^12). Thats a lot of
dough.
Joe G
On Sun, 14 Nov 2010 06:57:36 -0500, J. Clarke wrote:
> In article <[email protected]>, [email protected]
> says...
>> 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:
>>
> Well it's nice to know that math education is alive and well and living
> in Saint Petersburg, FL.
OK, he can't count. But what did the bailout cost? I've seen estimates
anywhere from 5 trillion to 14 trillion. So far, not a lot of results
for anyone other than Wall Street. Forty trillion spent as suggested
might actually work :-).
Let's see. $250,000 for a decent house, $30,000 for a car, and $20,000
blown in a celebration leaves me with $700,000 assuming the million was
tax free. That brings in $35,000 a year forever at 5% or $56,000 at %8
for as longer than I'm likely to live.
At $56,000 a year and no mortgage we could even give up our Social
Security - another problem solved!
--
Intelligence is an experiment that failed - G. B. Shaw
In article <[email protected]>, "Paul T." <[email protected]> wrote:
>
>There recently was an article in the St. Petersburg , Fl. Times. The
>Business Section asked readers for ideas on: "How Would You Fix the
>Economy?" I think this guy nailed it!
If you're serious, then you're just as mathematically illiterate (or stupid)
as he is.
>
>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:
The first stipulation is that you explain where that forty TRILLION dollars is
coming from.
Fool.
On 11/14/2010 12:39 PM, GROVER wrote:
> IIRC 40 million people (40 x 10^6) times 0ne million dollars per
> recipient (1 x 10^6) equals 40 trillion (40 x 10^12). Thats a lot of
> dough.
All you need do is add a bunch of zeros on a one, ten or 100 dollar
bill. Not any more dough than we have now...
--
Jack
You Can't Fix Stupid, but You Can Vote it Out!
http://jbstein.com