Again innumeracy:
I think this guy nailed it!
Dear Mr.President,
Patriotic retirement:
There are about 40 million people over 50 in the work force; pay them $1 million a piece severance with stipulations:
1) They leave their jobs. Forty million job openings - Unemployment fixed.
2) They buy NEW American cars. Forty million cars ordered - Auto Industry fixed.
3) They either buy a house or pay off their mortgage- Housing Crisis fixed.
All this and it’s still cheaper than the “bailout”.
Thanks Bill H
No, all this and it's only four times the bailout. It's not surprising this got published in the business section of St. Petersburg Times Newspaper. What's bad, is that 9 out of 10 people skim the article and accept the math.
Unrelated, I lost track of where I found this one, but it seems like good advice:
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