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