The Answer?

witchhunt · Post by **witchhunt** » Mon Apr 27, 2009 10:50 pm

This was an article from the St. Petersburg Times Newspaper on Sunday.
The Business Section asked readers for ideas on "How Would You Fix the Economy?"
I thought this was the BEST idea....
I think this guy nailed it!

Dear Mr. President,
Patriotic retirement:
There are about 40 million people over 50 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/pay off their mortgage - Housing Crisis fixed.
It can't get any easier than that!

PS If more money is needed, have all members in Congress pay their taxes.

f.sciarrillo · Post by **f.sciarrillo** » Tue Apr 28, 2009 12:39 am

I love this lol .. WOot!

Post by **Ron** » Tue Apr 28, 2009 4:47 am

I got that in an email. Sounds good until you look at it closely. The guy's math skills aren't quite up to par.
$40 million x $1 million = $40 trillion, 10x more than the high estimates of the final cost of the corporate "bailout".
You could give them all $100,000, but who could buy a new house, a new car and retire with 100 grand?
Sorry to urinate in your toasty oat cereal, but it just doesn't add up.

RobTheDrummer · Post by **RobTheDrummer** » Tue Apr 28, 2009 7:14 am

Ron wrote:I got that in an email. Sounds good until you look at it closely. The guy's math skills aren't quite up to par.
$40 million x $1 million = $40 trillion, 10x more than the high estimates of the final cost of the corporate "bailout".
You could give them all $100,000, but who could buy a new house, a new car and retire with 100 grand?
Sorry to urinate in your toasty oat cereal, but it just doesn't add up.

Yep, he's right about this.

That's bunk!

witchhunt · Post by **witchhunt** » Tue Apr 28, 2009 10:14 am

Ron wrote: Sorry to urinate in your toasty oat cereal, but it just doesn't add up.

It's not my cereal.

Banned · Post by **Banned** » Wed Apr 29, 2009 12:33 am

Ron wrote:I got that in an email. Sounds good until you look at it closely. The guy's math skills aren't quite up to par.
$40 million x $1 million = $40 trillion, 10x more than the high estimates of the final cost of the corporate "bailout".
You could give them all $100,000, but who could buy a new house, a new car and retire with 100 grand?
Sorry to urinate in your toasty oat cereal, but it just doesn't add up.

This is just theoretical, but for most folks working over 50, $100,000.00 would be a nice incentive to retire. It would be enough to buy a nice used car or pay off the one they have. It could help pay off the rest of the mortgage, and by 50 or so, it could be fairly well paid off by now. Once someone has their mortgage paid off, they can live comfortably on 1/3 or 1/2 of their working salary.

Most big corporations often do this very thing to get the older, higher paid workers to retire. It all depends upon an individuals retirement package of pensions or not, 401k or not, IRA's or not. A combination of some of these benefits, and a retirement incentive is not out of the question.

slackin@dabass · Post by **slackin@dabass** » Wed Apr 29, 2009 2:33 am

witchhunt wrote:
Ron wrote: Sorry to urinate in your toasty oat cereal, but it just doesn't add up.
It's not my cereal.

it doesn't matter who's cereal it is now. it's ruined