The solution to the economic crisis!

H

hiwd

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The solution to the economic crisis!

>
> Dear Mr. Cowen
>
> Please find below my simple suggestion for fixing Irelands economy.
>
> Instead of giving Seven Billion Euro's to Anglo Irish Bank who
> will squander the money on lavish parties and unearned bonuses, use
> the following plan.
>
> You can call it the Republican Retirement Plan:
> There are about 1 million people over 50 in the work force. Pay them 7
> million Euro apiece severance for early retirement with the following
> stipulations:
> 1) They MUST retire. One million job openings - Unemployment fixed
> 2) They MUST= buy a new car. One million cars ordered - Auto
> Industry fixed
> 3) They MUST either buy a house or pay off their mortgage - Housing
> Crisis fixed
> 4) They MUST send their kids to school/college/university - Crime rate
> fixed
> 5) They MUST buy 100 Euro of alcohol/tobacco a week ....and there's
> your money back in duty/tax etc
> It can't get any easier than that!
>
> Yours sincerely,
>
> Badly burned over 50 former shareholder of Anglo Irish
 
hiwd said:
Badly burned over 50 former shareholder of Anglo Irish
Click to expand...

After he flunked maths completely he really should have known not to invest in bank shares :snooty:

To pay 1 million people 7 million each you're talking 7 trillion, just a tad above the 7 billion being used to bail out Anglo Irish :icon_cry:
 
aye lad your maths is way off... 7 trillion is 7 times the US deficit...for ireland to rasie that kind of money EVERY person, man, woman and child would need to pay 250,000 euro in tax in one year
 
7 trillion is still 7 trillion UK wouldn't have that kind of revenue...theres probably 30 million people working in the UK so you would have to average about 33,000 per person a year in tax just to raise that..ridiculous...average per person is probably only around 4,000 per year in tax..and the UK probably has a deficit of around 500 billion a year..probably more considering their involved in 2 wars..I dont think even China woulkd have 7 trillion knocking about.
 
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