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!
Hi Carol,
ReplyDeleteLower the age to 45 and I am there.
Jeff
And THAT, Jeff, is the only reason why this WOULDN'T work! Everyone would want a slice of THIS pie and the calls of "no fair!" from the under-50 group would ruin it for the rest of us. Ha ha! :-)
ReplyDeleteCarol
Oh man, I'd LOVE IT!!!!!
ReplyDeleteThat sounds great to me!! I would happily do all of those things.
ReplyDeleteThat might work, except that the glutonous baby-boomers would expect to get Social Security and Medicare too. I say give that 40 million bonus to the non-boomers. We're going to need it to pay for the entitlements of the most privileged class in American history.
ReplyDeleteProblem is that generally those in teh 50+ club have higher positions, which the younger folk might not be prepared to take over. The loss of institutional knowledge in many industries would be disasterous. On the other hand, let's use it to forgive student loan debt... ;-)
ReplyDelete