This was an article in a recent edition of the St. Petersburg Times
newspaper in the U.S The Business Section asked readers for ideas on "How Would You Fix the Economy?"
This was voted the BEST idea....they thought this nailed it!
Dear Mr. President,
Rather than give billions to bail out greedy financiers, how
about encouraging "Patriotic Retirement":
There's about 40 million people over 50 in the work force -
pay them $1 million apiece severance with the following
1) They must leave their jobs. Forty million job openings -
2) They must buy NEW American cars. Forty million cars
ordered - Auto Industry fixed.
3) They must either buy a house or pay off their mortgage -
Housing Crisis fixed.
Can't get any easier than that!
Costs about the same as the bailout.
Why isn't Washington that smart?