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Uber Member
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Apr 24, 2009, 07:17 PM
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How would you fix the economy?
How Would You Fix the Economy?"
I think this guy nailed it!
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
Opening s - Unemployment fixed.
2) They MUST buy a ne w 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...
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Jobs & Parenting Expert
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Apr 24, 2009, 07:30 PM
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I'm one of those 40M. Ok, I will retire, but my 2003 Dodge Neon works just fine, and I paid off my mortgage years ago (and don't want to move).
Now what?
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Uber Member
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Apr 24, 2009, 07:48 PM
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Wondergirl:
What about 3-way stops and 2-way stops or the infamous ALL-way stops which I hate. I want to know the number of directions I have to look.
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Jobs & Parenting Expert
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Apr 24, 2009, 08:21 PM
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Originally Posted by KeepItSimpleStupid
Wondergirl:
What about 3-way stops and 2-way stops or the infamous ALL-way stops which I hate. I want to know the number of directions I have to look.
Your state's Rules of the Road should tell you. Illinois' says --
An eight-sided (octagon) sign tells you to always make a full stop. You must make a complete stop at the stop line. If there is no stop line, stop before entering the crosswalk. If there is no crosswalk, stop before entering the intersection. Yield the right-of-way to pedestrians and closely approaching traffic. If it is an all-way STOP sign, wait your turn.
4 Way Stop Sign All-Way Stop
This sign means there are four STOP signs at the intersection. Traffic from all directions must stop. The first driver to stop is the first driver to go. Other drivers must wait their turn. You also may see 3-WAY, 5-WAY or ALL-WAY signs.
Check in all directions. Do not go forward until it is safe to do so.
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Uber Member
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Apr 24, 2009, 08:25 PM
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I read the suggestion wrong. Too close to bedtime I guess.
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Jobs & Parenting Expert
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Apr 24, 2009, 08:29 PM
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Originally Posted by KeepItSimpleStupid
I read the suggestion wrong. Too close to bedtime I guess.
And don't forget to wear your seatbelt. And don't drink while driving. And don't eat while driving. And don't read while driving. And don't shave (or put on makeup) while driving.
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Uber Member
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Apr 25, 2009, 02:14 AM
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Love it, makes perfect sense!
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Ultra Member
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Apr 25, 2009, 03:31 AM
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There are nowhere's near 40 million unemployed .
Also assuming that I expect to live another 40 years after 50 that allows for $25,000 a year(minus the car I'm forced to buy). Not enough for me ;and... what am I supposed to do with my time during those still productive 15-25 years I otherwise would've been working ?
If I'm not mistaken ,total American new auto purchases in good years do not exceed 15-20 million purchases.
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Uber Member
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Apr 25, 2009, 04:47 AM
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Tomder - Remember that you would have no house payments, no car payments. You wouldn't need as much money a year as you would now.
My partner and I are on not much more than that a year now and we still pay home loan and 2 car repayments!
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Senior Member
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Apr 25, 2009, 10:24 AM
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MUST and GOVERNMENT smacks of FASCISM
G&P
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Ultra Member
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Apr 25, 2009, 02:28 PM
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Shazam
I'm over 50 now and will have home payments for the next 15 years. I intend to have car payments until I'm forced off the roads... and I mean forced .
Right now is my prime time to squirrel away for my future. My daughter is almost out of college and ready to make it on her own . Now is mine and my wife's time to plan for ourselves .
Given the choice to continue working(and I have hopefully another 15-20 productive years where my employer thinks I'm an important cog in his organization )... and a little bit of luck... I intend to be self reliant and have expenses of my own choice that exceeds $25 M... let's see ,another cruise to Alaska... maybe Hawaii... world tour... etc etc
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Senior Member
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Apr 25, 2009, 02:50 PM
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Until the huge deficit is under control, I think a 7 percent national sales tax, similar to the good and services tax in Canada would be a great step to reduce the budget deficit. Entitlement programs like welfare, social security, health care and rx drugs benefits need to be reduced. Auto workers are very overpaid and need to have reduced salaries. Trade with countries other than China so they won't own such a huge part of the national debt. End the outdated embargo with Cuba, it has served no useful purpose since the fall of the USSR. Crack down on offshore tax shelters and other tax breaks for big business. Let Bush's tax cuts for the wealthy expire. Middle and lower tax cuts to stimulate economy.
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