Friday, May 15, 2009

How Not To Fix The Economy

Some ideas arrive too soon, some come along too late, and others simply wind up in the wrong place.

Here, courtesy of Atlantic Free Press, is an open letter to the president from William C. Carlotti, entitled "How to Fix the Economy":
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 $2 million a piece severance for early retirement---$80 million dollars is less than 10% of the $85 billion that you gave to CitiCorp.-- 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 to everyone you know. If not, please disregard.


William C. Carlotti
North Montpelier
Vermont, May 9, 2009
I have no wish to be presumptuous, and of course the president may answer Mr. Carlotti's letter (or not) as he sees fit.

But if I were the president I would surely write back:
Dear Mr. Carlotti,

Unfortunately, if the government were to give 40 million people $2 million apiece, that wouldn't cost $80 million ($80,000,000).

It would cost $80 trillion ($80,000,000,000,000) -- roughly 25 times the amount the entire federal government spent last year.

So your suggestion is not exactly feasible.

However, some of my friends like the way you describe $80 million as "less than 10% of ... $85 billion"; in fact it is much less than that: $80 million is less than 1/10 of 1% of $85 billion.

My friends, who like the way you think, would like to help you. And judging from what you have written, you appear to be ideally suited for a job as an auditor. Have you considered submitting a resume to the Pentagon?

I would do so immediately, sir. You're just the sort of bean-counter they're always looking for.

Yours sincerely
Winter Patriot, POTUS

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