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Economy Fix?

Published:

Last Edited: April 8, 2009, 5:40 pm

This was an article from the St. Petersburg Times Newspaper. The Business Section asked readers for ideas on "How Would You Fix the Economy?" I thought this was the BEST idea....I think this guy nailed it!

Patriotic retirement:


There's about 40 million people over 50 in the work force. Pay them $1 million apiece 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.

Entry #6

Comments

1.
time*treatComment by time*treat - April 8, 2009, 7:39 pm
Yep. With all the money created, it would have been better to give it to the people "at the bottom" than to the ones "at the top".
2.
TigerAngelComment by TigerAngel - April 8, 2009, 9:37 pm
Cool, where do I sign up?!!!
3.
rdgrnrComment by rdgrnr - January 25, 2010, 11:05 pm
That sounded like a great idea until I did the math.
I came up with a total cost of 40 trillion dollars to give 40 million people 1 million dollars each. That would make it impossible to do.
Or am I figuring wrong? (I suck at math)

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