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This is reputedly from an article in the St. Petersburg Times Newspaper recently. The Business Section asked readers for ideas on "How Would You Fix the Economy?"
Perhaps an over simplistic view – but it could work and quite frankly your scribe is not convinced that anyone in Washington has a better plan for all the “trillions” that they keep talking about…
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 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!
If more money is needed, have all members of Congress and their constituents pay their taxes...
If you think this would work, please forward to everyone you know. If not, please disregard. |
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News Headlines
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| Diana Lee, The Standard 4 May 2009 |
The proposed To Kwa Wan MTR station in the Sha Tin-Central Link should be located at the junction of Sung Wong Toi and Tam Kung roads. |
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| Olga Wong, SCMP 4 May 2009 |
In the first of a three-part series on the review of the urban renewal strategy, Urban Renewal Authority chairman Barry Cheung Chun-yuen tells Olga Wong the authority is considering offering more options to residents by adopting a more creative approach. |
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| Hong Kong Government, 28 April 2009 |
The Buildings Department approved 28 building plans in March - 11 on Hong Kong Island, seven in Kowloon and 10 in the New Territories. |
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| Hong Kong Government, 24 April 2009 |
The Chief Executive in Council has approved the draft Tung Chung Town Centre Area Outline Zoning Plan (OZP). |
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| Hong Kong Government, 24 April 2009 |
The Chief Executive in Council has approved the Cha Kwo Ling, Yau Tong, Lei Yue Mun Outline Zoning Plan (OZP). |
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| Hong Kong Government, 24 April 2009 |
The Government published a notice in the Gazette today (April 24) on construction of an elevated walkway between Tong Ming Street and Tong Tak Street in Tseung Kwan O, aiming to connect the existing footbridge leading to Sheung Tak Shopping Centre and the future Tseung Kwan O Station development. |
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| Hong Kong Government, 17 April 2009 |
The Government published a notice in the Gazette today (April 17) on improvements to Tuen Mun Road (TMR) Town Centre Section to meet anticipated traffic growth. The scheme had been authorised by the Chief Executive in Council. |
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| Hong Kong Government, 17 April 2009 |
The Civil Engineering and Development Department today (April 17) invited tenders for infrastructure works for the Kai Tak Development. |
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