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Simple Solution for the Economy

Posted on 10 April 2011 by Editor

Originally posted 2009-07-14 21:34:36. Republished by Blog Post Promoter

my_moneyThe easiest solutions are usually the best solutions. In the Business Section of last weekend’s (July 5, 2009) St. Petersburg Times Newspaper the editor challenged the readers to come up with creative ways to fix the economy (“How Would You Fix the Economy?”).

One reader submitted the following:

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, If not, please disregard.

With all due respect to the economic geniuses of our times and the architects of the government bailout and stimulus programs, this person nailed it squarely on the head. In fact, I dare anyone to come up with fault in his logic

When you consider the magnitude of the dollars being spent by the government for various government initiatives, a $40 billion carve-out to fund the Patriotic Retirement Plan would be a negligible drop in the proverbial bucket. Yet think of how many people would be helped, directly, dollar-for-dollar, with hardly any bureaucratic waste and how many nagging economic issues would be solved. If anyone thinks a government bureaucracy can delivery on a better idea, then I’ve got a historic bridge I would like to offer you.

Mr. President. Give us back the money which is rightfully ours and stick to maintaining our national parks, protecting us against our enemies, building roads and our infrastructure. Let us decide how we want to spend it and to whom we wish to extend our charity. And please do glance over the Constitution once in a while and remind yourself of what powers you were given and what powers are not yours to meddle with.

Quotation of the Day:

“The politicians don’t just want your money. They want your soul. They want you to be worn down by taxes until you are dependent and helpless. When you subsidize poverty and failure, you get more of both.”

James Dale Davidson, National Taxpayers Union

If you have your own ideas to address our current economic downturn, send us an email to editor@nakedliberty.com and we’ll collect and post them in one of our upcoming articles.

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3 Comments For This Post

  1. Leslie Says:

    So cool. When you think about, it really makes sense.

  2. NADIA CALDERON Says:

    Ok, and to add insult to injury…. our prominent illustrious “congresswoman” Sheila Jackson Lee proposes that cash for clunkers be extended for three more month to ignite and stimulate the economy….what a JOKE!!!!!!!!!!!!
    in 6 months to a year from now the repo process will surpass the sales under this absurd program.
    And the HEAT is on!

  3. payday loan forum Says:

    Congradulations your post here has just born a hole through my mind. The post you added here was definitely amazing, and very simply il be coming by frequently.

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