Wednesday, May 06, 2009

Economic Bailout

Very, very interesting. Sounds so simple, but feasible. I wonder ... interesting reading!

This appeared in the St. Petersburg Times newspaper. The Business Section had asked readers all week for ideas on "How Would You Fix The Economy?" A man nailed it.

Dear Mr. President,

Patriotic retirement: There's about 40 million people over 50 years old in the work force - pay them $1 million apiece severance with the following 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

Like I have been saying, they are bailing out the wrong people.


Tags: St. Petersburg Times, Economic Bailout, Unemployment, Auto Industry, Housing Crisis



Blogger Chemhoster said...

Indeed a smart idea har...

07 May, 2009 00:07  
Blogger foongpc said...

Sounds like a great idea to me! Haha!

07 May, 2009 13:18  
Blogger Ted said...

Hmmm it just might work u know...but i may opt for a japanese car instead lol..

07 May, 2009 15:49  
Blogger Johnny Ong said...

chemhoster - m'sia dont have that money hehe

foong - need lots of funds to implement it

ted - oh, u compromising????

18 May, 2009 23:49  

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