[quote=WandGP]Frankly the best idea that I heard of to create jobs was to have never given out any bail-out funds to corporate giants, quasi-governmental entities, or banks. The federal government ONLY needed to give 1-2 million dollars to every individual age 60 + who had not retired yet. With the stipulation that they would retire immediately, invest a portion of their money, and immediately buy an American car or pay off their home. Wow, with over 30+ million American in this category now you have 30 million jobs opened. I know it’s an over-simplified strategy, but it least it gets over the pretense of just giving a damn handout to those that deserve it more than the likes of Bank of America.[/quote]
***MATH ALERT***
30 million peeps age 60+ and working (I am taking your word for this number), give them each 1 million dollars
3e7 * 1e6 = 3e13 = 30,000,000,000,000
That is 30 trillion, about twice our GDP, and ~37x the amount of the bank bailout. Not only is this not really in our federal budget, this would also would really piss of my retired parents with their fixed income. This would really piss off me too, I want a million dollars for cars and houses too.
