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If the government would everyone over 50 years old 1 million dollars ...

Posted on 11/07/2016 7:47:12 AM PST by Scythian_Reborn

Patriotic Retirement Plan:

There are about 40 million people over 50 in the workplace. Pay them $1 million apiece severance for early retirement with the following stipulations:

1) They MUST retire. That means forty million (some attrition of course) job openings. Unemployment fixed.

2) They MUST buy a new American car. Car industry and manufacturing restored.

3) They MUST either buy a house or payoff their Mortgage. Housing crisis fixed.

That's it, we're only talking 40 million dollars in taxpayer money, not even worth a line item in the US budget.

This would be ample retirement money for anyone with their housing paid for and good transportation.


TOPICS: Your Opinion/Questions
KEYWORDS: retirement
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To: Duke C.

A mistake in yours too - 40 trillions!


81 posted on 11/07/2016 8:30:01 AM PST by aquila48
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To: Scythian_Reborn

You can’t give me 10 years salary at age 50 then expect me to not only retire but buy a house and car also.


82 posted on 11/07/2016 8:33:20 AM PST by discostu (If you need to load or unload go to the white zone, you'll love it, it's a way of life)
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To: Scythian_Reborn

Dude was on a roll... until the math got in the way...


83 posted on 11/07/2016 8:33:36 AM PST by April Lexington (Study the Constitution so you know what they are taking away!)
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To: Scythian_Reborn; humblegunner; Larry Lucido; Vendome

Really.

9AM is way too early to be starting on the shots.

Beer for breakfast - maybe.
But try to lay off the hard stuff (or other mind altering
substances) until that point in the day when the rest of
us are less apt to notice.


84 posted on 11/07/2016 8:33:44 AM PST by shibumi (Cover it with gas and set it on fire.)
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To: linear
That would cost 40 trillion dollars (forty million multiplied by 1 million).

Yep, $40,000,000,000,000.00

Poor arithmetic and weak conservative demonstrated here.

Sad.

85 posted on 11/07/2016 8:35:03 AM PST by Mr.Unique (The government, by its very nature, cannot give except what it first takes.)
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To: Defiant
Good one...

Consider this:

1 million seconds= 11 days
1 billion “ = 32 years
1 trillion “ “ 32,000 years now we're talkin!

40 trillion seconds = 1,280,000 years Wowee!

86 posted on 11/07/2016 8:37:50 AM PST by BatGuano (You don't think I'd go into combat with loose change in my pocket, do ya?)
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To: Scythian_Reborn

math is hard....


87 posted on 11/07/2016 8:40:13 AM PST by Vendome (Don't take life so seriously-you won't live through it anyway - "Enjoy Yourself" ala Louis Prima)
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To: Scythian_Reborn

Uh, 40 mil times a mil is 40 TRILLION.


88 posted on 11/07/2016 8:41:02 AM PST by fruser1
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To: Scythian_Reborn

Grammar and math issues aside...

“1) They MUST retire. That means forty million (some attrition of course) job openings. Unemployment fixed.”

First off, I can’t retire - not that externals compel me to work, but that it’s just not in my nature to not work. I will contribute to society, and I will earn compensation/reward for it. Denying me a job won’t work, because I’ll create one or work against whomever stands in my way of obtaining one.

If I _do_ “retire”, it will be a hardcore case of “go Galt”: I, and a _lot_ of others, will drop out of society so completely that government will suffer and compel us to assimilate.

And just taking me _out_ of the job market won’t mean a slot for someone to fill in. I work in a high-skill industry (mobile app software engineering) which is currently suffering a severe shortage of qualified personnel (2/3 of my rather large team are likely Indian immigrants). Just because I’m not working doesn’t mean someone else will fill my job, it means clients (and ultimately consumers) will have to pay more - while one of the unemployed remains so, being unable to fill my shoes (unless he buys a used/refurbished MacBook, downloads & learns (”aye, there’s the rub”) Xcode, and pays a $100/yr developer fee - total entry cost of under $1000 but few willing/able to follow thru).

“2) They MUST buy a new American car. Car industry and manufacturing restored.”

Seeing as you just gave me money for it, great. I’ll buy a top-end Tesla, something profoundly American and transformative (I’m all for electric cars). That will boost the EV industry, and contribute to the demise of petrol-powered vehicle manufacturing (bonus: cripple unions in the process).

“3) They MUST either buy a house or payoff their Mortgage. Housing crisis fixed.”

Wonderful. Free (*cough*) money to pay off what I was going to pay off anyway. I don’t see how this fixes the housing crisis. What it would do is seriously impact the mortgage industry, with vast sums of profit vanishing as a huge number of homeowners suddenly don’t have to pay significant interest costs.

So, now that the country is $60,000,000,000,000 in debt under the plan, lots of skilled worker jobs unfilled, unemployment is not meaningfully reduced, the mortgage lending industry suffered partial collapse, the auto industry just had a huge spike in sales that it’s having trouble recovering from (a run on products can adversely damage manufacturing capability), and a vast number of people who know better just withdrew from tax-paying society entirely ... what’s your next solution that has unexpected consequences?


89 posted on 11/07/2016 8:41:11 AM PST by ctdonath2 ("If anyone will not listen to your words, shake the dust from your feet and leave them." - Jesus)
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To: Scythian_Reborn

I assume you logic skills follow your math skills. But even if your math were correct, your recommendation solves nothing and in fact will make matters worse. You do understand that every dollar handed out by the US Gov must be forcibly taken from someone? And that someone no longer has that dollar to spend? The net effect wold be ZERO except for the concept of TRANSACTION COSTS. That is the 40% slice the US Gov take to administer the program.

Never mind the concept of FREEDOM.


90 posted on 11/07/2016 8:43:11 AM PST by FreedomNotSafety
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To: shibumi; Scythian_Reborn; humblegunner; Larry Lucido

Just saw your call to join in on reason and logic.

40,000,000 x $1,000,000.00 = $40,000,000,000,000.00

That’s $40 trillion, yuh gumba...(scythian)


91 posted on 11/07/2016 8:46:13 AM PST by Vendome (Don't take life so seriously-you won't live through it anyway - "Enjoy Yourself" ala Louis Prima)
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To: BatGuano

And Obama raised our debt from $10 to $20 trillion in 8 years. Bush was a piker, adding only 5 or 6 trillion. Between the two of them, our country can never recover. There will be a default or we will inflate out of it but it can never be repaid, not even if we have the best Presidents ever for the next 25 years. It’s simple math.


92 posted on 11/07/2016 8:48:54 AM PST by Defiant (#HillaryGropedMe when I tried to get her hands off my girlfriend.)
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To: linear

Oh dear!
Are you my nemesis?


93 posted on 11/07/2016 8:51:54 AM PST by NonLinear (Giving money and power to government is like giving whiskey and car keys to teenage boys.)
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To: marktwain

Sure they dropped six digits, but they were all zeros, so no harm!


94 posted on 11/07/2016 8:54:32 AM PST by NonLinear (Giving money and power to government is like giving whiskey and car keys to teenage boys.)
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To: Scythian_Reborn
That's it, we're only talking 40 million dollars in taxpayer money, not even worth a line item in the US budget.

No. 40 million people over 50 times $1,000,000 is 40 trillion dollars.

Now, if the government spent only $15,000 per year to teach each child how to do math....well that would be the DOE, and we'd still have posts like this.

95 posted on 11/07/2016 8:55:58 AM PST by Washi
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To: NonLinear

Ha! Yes, but only in one dimension. ;)


96 posted on 11/07/2016 9:00:50 AM PST by linear (The Russians hacked my tagline!)
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To: Scythian_Reborn

Math is not the author’s strong suit, is it?

Hint 40,000,000 times $1,000,000 is not $40,000,000. It’s $40,000,000,000,000 (forty TRILLION).


97 posted on 11/07/2016 9:03:10 AM PST by piytar (http://www.truthrevolt.org/videos/bill-whittle-number-one-bullet)
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To: Scythian_Reborn

Glad to see you put your Confused Gender Studies degree to good use.


98 posted on 11/07/2016 9:26:21 AM PST by utax
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To: Scythian_Reborn
>> There are about 40 million people over 50 in the workplace.
>> Pay them $1 million apiece severance for early retirement
>> That's it, we're only talking 40 million dollars in taxpayer money



99 posted on 11/07/2016 9:35:09 AM PST by Mike-o-Matic
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To: shibumi

100 posted on 11/07/2016 10:09:49 AM PST by humblegunner
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