Patriotic Retirement

andriykoMember

Dear President Obama,

RE: Repairing the ecomony by providing for "Patriotic Retirement":

Here is a possible solution to quickly kick start the economy back to life ...

There are about 40 million people over 50 in the work force. Pay each of them $1 million apiece as a retirement incentive under the following conditions:

1) They retire from their jobs. Forty million job openings - Unemployment fixed.

2) They buy NEW American cars. Forty million cars ordered - AutoIndustry given a boost to help restart the economy.

3) They either buy a house or pay off their mortgage- Housing Crisis fixed.

Of course implementation details would need to be ironed out. Nevertheless ...

All this, and it would be less expensive than the 1.5 Trillion budgeted to bailout companies led by greedy half witted executives who have taken billions of citizen's tax dollars in severence packages !!

4/3/096:34 AM

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markcharltonOld enough to know better and still young enough not to care. My '71 Pantera

Great Plan Bohdan,

I trust that you have forwarded this to Steven for implementation here as well. One request would be to modify the age downwards just a bit to include unproductive deadwood like me too!

Mark

4/3/097:11 AM

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huskerMember

Nice thought, except that's $40 trillion.

4/3/098:09 AM

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detom (Guest)

I guess we will just have to make do with a trillion dollars a piece then instead of a million. I would sign up for that.

4/3/0910:20 AM

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deniscCaretaker of 8MA1244 '70 Euro Mangusta DRIVE THEM, THEY WERE MEANT TO BE DRIVEN, IF YOU WANT TO LOOK AT ONE, BUY A POSTER!

Remember when a million was a lot of money. Found this annecdote that helps quantify it.

Mathematician John Allen Paulos puts “million,” Billion,” and “trillion” in context, likening them to the passage of time in order to understand their order of magnitude. Relate $1 million to one million seconds and it adds up to 11 days. Liken $1 billion to one billion seconds and it adds up to 31 years and six months. Compare $1 trillion to one trillion seconds and it adds up to more than 315 centuries.

Currently the Unites States debt amounts to over $10 trillion.

4/3/0912:28 PM

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