Give $1 million Each to Workers over 50

Every Sunday I have to sit down with my family full of liberals and listen to them rant and basically, if I don’t want to start a shouting match I have to shut up, but my aunt’s latest “solution” to the nation’s woes had me stupified.  If you haven’t heard of this idiotic plan, here it is:

Give $1 million to workers over 50

Patriotic retirement: There are about 40 million people over 50 in the workforce. Pay them $1 million apiece severance pay …

  1. thelonious

     Throw in they forgo social security and medicare benefits and it sounds like a heck of a plan. 

  2. DrewInWisconsin

    The ridiculousness of the proposal is that I’m 46.

  3. Palaeologus

    I can think of 40,000,000,000,000 reasons. That’s roughly 3 times the entire U.S. national debt built over the last 30 odd years.

    It’s about as much as U.S. federal, state, and local governments combined have spent in the last 10 years.

    If we’re gonna bother with something this stupid and irresponsible why not give ‘em 10 mil each?

  4. jauchter

    Like all good liberal utopian visions, it focuses on the goodies being given out, not how to pay for them. $1,000,000 x 40 million people = $40 trillion dollars. That’s about the same size as the combined GDP of the US, China, Japan and all of Europe combined. Where does that come from?

    Next time some of your family members suggests such a thing, ask them how many countries they’d be willing to invade to pay for it.

    When they accuse you (!) of not being serious, try this: Somewhere in all those 40 million people over 50 are a lot of really smart, talented and productive people. Do you really want to pay them not to work so that less qualified people can have their jobs? Or will you force the productive people to keep working and only give the million dollar payoff to the less productive?

  5. thelonious
    Palaeologus: I can think of 40,000,000,000,000 reasons. That’s roughly 3 times the entire U.S. national debt built over the last 30 odd years.

    It’s about as much as U.S. federal, state, and local governments combined have spent in the last 10 years.

    If we’re gonna bother with something this stupid and irresponsible why not give ‘em 10 mil each? · Oct 9 at 1:43pm

    Infusing that much money into the system inflation would go thru the roof.  Making the million or 10 million per person nearly null and void.

  6. Jimmy Carter

    First and foremost, allocating such money is unConstitutional.

    So, not only will We not be doling out such funds, but We’ll be working on eliminating SS, medicare, medicaid, welfare….

    We’ll defund Us back to personal responsibility. God willing…..

  7. Paul Stinchfield

    The total population is (very roughly) 300 million, so there are 5 persons under 50 for every one over 50. Divide $1 million by 5 and you have a $200,000 debt imposed on each of those younger people. Ouch.

  8. Jerry Broaddus

    Since I’m 53, I could live with this if it were dialed back just a bit from the required $40 trillion.

    Maybe we could just give the million dollars to those between the ages of 52 and 54? 

  9. Palaeologus
    Jerry Broaddus: Since I’m 53, I could live with this if it were dialed back just a bit from the required $40 trillion.

    Maybe we could just give the million dollars to those between the ages of 52 and 54?  · Oct 9 at 5:06pm

    Now you’re thinking like the feds! That’s some first-class budget-cutting Jerry.

  10. HeartofAmerica

     I’m fairly sure that I saw this very “idea” floating around on email some time ago. While it sounds like a big break for those of us within the key demographics, another entitlement program isn’t where we need to be. But those who are always looking for the easy way or the next big hand-out will love this idea.

  11. Songwriter
    Jerry Broaddus: Since I’m 53, I could live with this if it were dialed back just a bit from the required $40 trillion.

    Maybe we could just give the million dollars to those between the ages of 52 and 54?  · Oct 9 at 5:06pm

    Fantastic idea.  Only I’m thinking 56-57 year olds…

  12. Valiuth

    I’m sure Paul Krugman has already said this stimulus would be too small to help any way. 

  13. Kirsten Weiss

    There was a Wall St. Journal article in May which calculated that the average social security beneficiary will get $1 million in benefits over their lifetime.  Tell your aunt it’s being done…  and bankrupting the country.

  14. Kirsten Weiss

    There was a Wall St. Journal article in May which calculated that the average social security beneficiary will get $1 million in benefits over their lifetime.  Tell your aunt it’s being done…  and bankrupting the country.

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