This was an article from the St. Petersburg Times Newspaper on Sunday. The Business Section asked readers for ideas on "How Would You Fix the Economy?" I thought this was the BEST idea. I think this guy nailed it!
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".
This is for real. You can find information here and here
this sounds too simple. Well, maybe simple is what is needed. All of the experts, like Krugman, have their talking points that I bet are there just so they don't lose their jobs. However, they really haven't been doing their jobs, have they?