Thursday, June 25, 2009

Trickle-up Economic Plan in lieu of bailouts

Dear Mr. President:

Please find below my suggestion for fixing America 's economy.

Instead of giving billions of dollars to companies that will squander our tax dollars on expensive toilet seats, lavish parties, and unearned bonuses, please consider the following plan. You can name it the "Patriotic Retirement Plan."

There are about 40 million people over 50 in the work force. Pay each of them $1 million apiece severance for early retirement with the following stipulations:

1) They MUST retire. Result: Forty million immediate job openings - Unemployment fixed.

2) They MUST buy a new American CAR. Result: Forty million cars ordered - Auto Industry fixed.

3) They MUST either buy a house or pay off their mortgage. Result: Housing Crisis Fixed.

4) And since these folks will be off all day and have plenty of money in their pockets, many will go shopping and travel. Result: They will stimulate the economy with their spending.

It can't get any easier than that!

What a great idea. Enough with the old trickle-down economics that gave money to the rich. Let's give it to the working class folks and let it trickle up!

1 comment:

  1. I'm all in favor of letting it trickle up. Have got plans for my $million already!

    ReplyDelete