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Book Nook provides readers with insights into the world of books. Vick Mickunas takes you into the center of the publishing world with the latest book buzz, book reviews, and exclusive chats with authors..Home > Blogs > Book Nook > Archives > 2009 > March > 20 > Entry
fixing the economy the easy way…
Total Economy Fix for merely 100 billion dollars or so…
There are about 40 million people over 50 years of age currently in the work force. Pay them each $2.5 million severance pay from the government, tax free with these stipulations:
1) They must quit their jobs. Forty million job openings - Unemployment fixed.
2) They must buy NEW American cars. Forty million cars purchased - Auto Industry fixed.
3) They must either buy a house or pay off their current mortgage - Housing Crisis fixed.
4) They must opt out of Social Security - Social Security fixed.
I’m in…….where does the line form??
(contributed by my buddy Pete-if only the math and the problems were this simple to calculate-this was not my math equation by the way…)
Permalink | Comments (9) | Post your comment | Categories: escapism
Comments
By irishguy
March 22, 2009 6:57 PM | Link to this
I’d assume about 80% of the people would put their money to better use than 80% of the politicians would! And, of course, it’s our money in the first place!By Raoul
March 22, 2009 11:06 AM | Link to this
Count me in. I have been touting this form of a stimulus since the economic meltdown occurred. Who cares about the math? The numbers are so astronomical anyway that new economic formulas have to be tried anyway. Even the conservative in me can get behind this plan, despite being told how to spend it. I would spend it that way anyway. Wow, imagine me agreeing with all you guys.By Lee
March 22, 2009 10:35 AM | Link to this
The total is actually 100 trillion, but don’t let that stop you. I still like it. Obama and cohorts will easily send that much on porkitisBy Dave
March 22, 2009 10:29 AM | Link to this
My wife and I are both over 50. Would we be required to buy separate houses?By downsized
March 21, 2009 8:31 PM | Link to this
Unusual times call for creative solutions. I believe the 50+ recipients of such a program would invest their blood, sweat and experience to mentor children, workers, charities and really give an amazing “return on investment” from this program. What do we have to lose?By Mark from St Paul
March 21, 2009 4:32 PM | Link to this
Socialists — the both of you! er, actually, make that the three of us as this sounds like a great solution!By vick
March 21, 2009 12:40 PM | Link to this
Just imagine the economic stimulus that 40 million new millionaires would create for the vacation industry, the restaurant industry, the entertainment industry, etc. 40 million affluent, retired Americans would make for a national par-TAY!By Pete
March 21, 2009 11:48 AM | Link to this
Another note; This isn’t the first time I’ve received these gimmick e-mails and not being very astute at math have not crunched the numbers. I do like the concept.By Pete
March 21, 2009 11:45 AM | Link to this
Was merely forwarding an e-mail sent to me with the figures mentioned. However, I am amused by the rationale of the sender. Instead of priming the economic pump through various large corporate banks and government agencies, why not cut out the middlemen(women) and, with a few caveats, let the taxpayers decide how to spend their money? Sounds like a bargain at twice the cost after yesterday’s $1.2 TRILLION announcement.