| A recent article from the St. Petersburg (FL) Times | | | | If the buyout was cut to $250,000, I bet there would be |
| newspaper asked readers for their ideas on "How | | | | takers because they could open their own small |
| Would You Fix the Economy?" Here is one response. | | | | business after quitting their job. In essence, many |
| "Dear Mr. President, | | | | retirees with $250,000 could quit their job, buy a new |
| "Patriotic Retirement: There are about 40 million people | | | | car, pay off their mortgage or buy a new house. |
| over 50 in the work force. Pay them $1 million dollars | | | | Everyone does not live in a million dollar home, or has |
| each Severance Pay with these stipulations: | | | | an underlying principal balance in excess of $150,000. |
| "1) They leave their jobs. Forty million job openings - | | | | At $250,000, the cost would drop to $10 trillion, about |
| Unemployment fixed. | | | | what will be spent to fix the economy Obama style. |
| "2) They buy NEW American cars. Forty million cars | | | | The chief difference would be that the recipients of |
| ordered - Auto Industry fixed. | | | | the legislative-approved money would not have it to |
| "3) They either buy a house or pay off their mortgage | | | | line their own pockets at our expense. |
| - Housing Crisis fixed." | | | | If you think the money President Obama is asking for |
| Sometimes the common folk cut through all of red | | | | is outrageous, just wait a few years until the evidence |
| tape, regulations, control freaks and simply give a clear, | | | | comes out about how much of the money was |
| concise answer to a situation others want to make | | | | mis-appropriated illegally for ill-gotten gains by politicians |
| complicated so they can expand their own power | | | | and government officials operating under the guise of |
| base, influence and micro-managed control over the | | | | taxpayer interests. Greed and materialism drive our |
| people they supposedly represent. | | | | economy. Billions, not millions, of this handout money will |
| Having said that, the cost of this proposal would be | | | | come up unaccounted for and mis-appropriated. You |
| $40 trillion. Even President Obama might think twice | | | | read it here first. Remember what I said because it will |
| about that level of handout money at the taxpayers' | | | | happen. |
| expense. However, the basic idea has merit. | | | | |