This was an article from 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,
Patriotic retirement:
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”.
I guess that's how the economy crisis started. 40million x 1million = 40trillion. How is it cheaper than the bailout. Prehaps that St. Petersburg Times Newspaper reader is one of those who miscalculate his mortgage credits.
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