| Next: Problem Solver News letter |
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dobbie6060
Joined: Aug 24, 2007
Posts: 551
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 Posted: Sun May 10, 2009 2:10 am Post subject: "How Would You Fix the Economy?" |
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The Patriotic Retirement Plan
"How Would You Fix the Economy?"
The St. Petersburg Times Newspaper, Business Section asked readers for ideas on "How Would You Fix the Economy?"
This guy nailed it!
Dear Mr. President,
Please find below my suggestion for fixing America’s economy.
Instead of giving billions of dollars to companies that will squander the money on lavish parties and unearned bonuses,
use the following plan.
You can call it the Patriotic Retirement Plan:
There are about 40 million people over 50 in the work force.
Pay them $1 million apiece severance for early retirement with the following stipulations:
1) They MUST retire. Forty million job openings - Unemployment fixed.
2) They MUST buy a new American CAR. Forty million cars ordered - Auto Industry fixed.
3) They MUST either buy a house or pay off their mortgage - Housing Crisis fixed.
It can't get any easier than that!
P.S. If more money is needed, have all members in Congress and their constituents pay their taxes...
If you think this would work, please forward to everyone you know. If not, please disregard.
http://informationclearinghouse.info/article22585.htm |
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tony7914
Joined: Dec 24, 2004
Posts: 4965
Location: Peru Indiana
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| Posted: Sun May 10, 2009 10:50 am Post subject: |
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| Damn it dobbie6060 don't you know there is a ban on common sense within 50 miles of DC?  How can you run a bloated and overstuffed bureaucracy using common sense?!?!?!? |
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xavierx
Joined: Nov 06, 2004
Posts: 5427
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| Posted: Sun May 10, 2009 1:41 pm Post subject: |
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I like the concept, but not that plan. The problem:
40 million people x $1 million/person = $40 Trillion!!! |
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tony7914
Joined: Dec 24, 2004
Posts: 4965
Location: Peru Indiana
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| Posted: Sun May 10, 2009 1:44 pm Post subject: [Login to view extended thread Info.] |
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| xavierx wrote: |
I like the concept, but not that plan. The problem:
40 million people x $1 million/person = $40 Trillion!!! |
It's ok xavierx! Obama has a new laser printer!!!!! |
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xavierx
Joined: Nov 06, 2004
Posts: 5427
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| Posted: Sun May 10, 2009 2:11 pm Post subject: [Login to view extended thread Info.] |
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| tony7914 wrote: |
| xavierx wrote: |
I like the concept, but not that plan. The problem:
40 million people x $1 million/person = $40 Trillion!!! |
It's ok xavierx! Obama has a new laser printer!!!!! |
I know you meant that to be funny, but I'm seriously worried about exactly that. We're printing money at unprecedented rates. Actually, "unprecedented" doesn't come close to expressing the frightening facts. Here's a graph of the money supply from the fed:
What's going to happen to me and my children? Will a loaf of bread cost $1 million? Will we be the next Zimbabwe? |
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tony7914
Joined: Dec 24, 2004
Posts: 4965
Location: Peru Indiana
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| Posted: Sun May 10, 2009 2:13 pm Post subject: [Login to view extended thread Info.] |
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| xavierx wrote: |
| tony7914 wrote: |
| xavierx wrote: |
I like the concept, but not that plan. The problem:
40 million people x $1 million/person = $40 Trillion!!! |
It's ok xavierx! Obama has a new laser printer!!!!! |
I know you meant that to be funny, but I'm seriously worried about exactly that. We're printing money at unprecedented rates. Actually, "unprecedented" doesn't come close to expressing the frightening facts. Here's a graph of the money supply from the fed:
What's going to happen to me and my children? Will a loaf of bread cost $1 million? Will we be the next Zimbabwe? |
Do you remember the Carter years? Expect high inflation and more tax increases. |
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dobbie6060
Joined: Aug 24, 2007
Posts: 551
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| Posted: Sun May 10, 2009 3:57 pm Post subject: Peanuts compared to [Login to view extended thread Info.] |
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Cost of U.S. War and Occupation of Iraq
$667,446,348,183 |
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xavierx
Joined: Nov 06, 2004
Posts: 5427
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| Posted: Sun May 10, 2009 4:05 pm Post subject: Re: Peanuts compared to [Login to view extended thread Info.] |
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| dobbie6060 wrote: |
Cost of U.S. War and Occupation of Iraq
$667,446,348,183 |
And your point is ... |
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tony7914
Joined: Dec 24, 2004
Posts: 4965
Location: Peru Indiana
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| Posted: Sun May 10, 2009 5:17 pm Post subject: Re: Peanuts compared to [Login to view extended thread Info.] |
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| dobbie6060 wrote: |
Cost of U.S. War and Occupation of Iraq
$667,446,348,183 |
War isn't cheap, never was. I'm assuming your trying to say this adds to the problem in which case I agree but then so do countless social programs, corporate and governmental give aways before Obama or Bush came into office. Seems pretty irresponsible to me to add trillions more to an already out of control debt don't ya think? All this is going to do is run inflation through the roof and make life here a lot harder than it has to be or should be for nothing more than a handful of unrealistic dreams. |
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CowpokeBob
Joined: Feb 07, 2006
Posts: 1501
Location: South Carolina, USA
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| Posted: Sun May 10, 2009 7:00 pm Post subject: [Login to view extended thread Info.] |
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| xavierx wrote: |
I like the concept, but not that plan. The problem:
40 million people x $1 million/person = $40 Trillion!!! |
Astronomical cost of the plan aside I have problems with concept itself. It sounds real good until you analyze it a bit. Sort of like the fluff Obummer spouts all the time now that I think about it. Anywyay here are some issues I have. 1) Cost was already mentioned but a figure that large deserves plenty of attention. 2) Runaway inflation from 40 million people buying new cars and new houses at the same time. 3) Health Care. Folks over 50 are the ones with the biggest health care costs as a rule. Unless we are being serviced by Obummer's government rationed health care when this plan takes effect that would be close to 40 million newly un-insured folks who must now finance thier health care themselves since most insurance plans are through thier employer. Wanna guess what that will do for health care costs and Medicare? 4) Squandering the money. There will be a significant bunch that will squander the million and be left with nothing to live on afterwards. Does that mean the younger bunch will be picking up the tab for all those bankrupt millionaires? 5) Social Security. The folks retiring between 50 and 65 are going to take a fairly good cut in Social Security benefits under the current rules. Not only that but how about adding tens of millions to an already financially troubled asset like Social Security. I could go on but I'm sure all of you could easily add to this list. What this plan does do is highlite the fact we should have seen far better returns for the trillions the Con Man in Chief spent than we have. Further nobody seems to have a clue where most of the money even went. I can venture a guess.
Dobbie you are right. We have spent tons of money fighting two wars. The big question here and one open to debate is whether or not the wars were necessary. My vote is yes so I don't see that money as wasted per se but that is just my opinion. Your mileage may vary. If you say no they areen't than yes that money was a wate.
Since you brought it up there are some issues I have with the money spent prosecuting the wars regardless of thier necessity or not. Apparently we've spent billions on these wars with no oversight. We might as well have burned it all in 55 gal drums. Before y'all Lefties point it out much of this occured during the Bush administration and he'll have to carry the blame for that. Quite a bit is still ocurring under the watchful eye of Mr. Transparent's adminstration and he will wear the blame for that. What really interests me is this. Much of the equipment, material and ammuniton being expended by this country to fight those wars is being manufactured in other countries. If that manufacturing were being done here in the States instead it could make a serious dent in the unemployment numbers and be very good for the economy. Money spent to buy war gear overseas is simply wasted money. It is also a serious national security risk. What happens if one day these folks decide they don't like us amymore and don't want to sell us military goods. Heck come to think of it even the ink and paper for our currency is manufactured overseas. I'm not a fan of telling corporations what to do in regards to outsourcing but when it comes to the government of the Untied States and our military I think there should be some limits imposed. |
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donrc
Joined: Feb 16, 2003
Posts: 882
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| Posted: Mon May 18, 2009 7:49 pm Post subject: [Login to view extended thread Info.] |
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Now fellas, you know that Obama is the second coming................................
....................of Jimmy Carter. 
drc |
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tony7914
Joined: Dec 24, 2004
Posts: 4965
Location: Peru Indiana
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| Posted: Mon May 18, 2009 7:52 pm Post subject: [Login to view extended thread Info.] |
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| donrc wrote: |
Now fellas, you know that Obama is the second coming................................
....................of Jimmy Carter.
drc |
Careful what you say, fatherland.......er......homeland security might single you out and send the boy scouts to arrest you. lol! |
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