Credit Crunch Cure: Would this actually work?
 

There are about 20 million people over 50 in the work force. - Pay them £1 million apiece severance for early retirement with the following stipulations:

1) They MUST retire. Twenty million job openings - Unemployment fixed.

2) They MUST buy a new British CAR. Twenty 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) Buy £50 of alcohol / tobacco a week there's your money back in duty / tax etc

Re: Credit Crunch Cure: Would this actually work?
 

Where are you going to find a British car?

Re: Credit Crunch Cure: Would this actually work?
 

Stunning!

The VAT on the cars/fags/alcohol alone is, er a very big number:smt101, a lot of money going straight back to the Treasury + all the other benefits to the economy.

Surely there is a do-able number at say 60yrs old that could be funded.

Re: Credit Crunch Cure: Would this actually work?
 

Ok so where does the £2,000 billion come from?

Re: Credit Crunch Cure: Would this actually work?
 

Out of a hat, like they do everything else, silly:rolleyes:

Re: Credit Crunch Cure: Would this actually work?
 

I await my cheque.

Re: Credit Crunch Cure: Would this actually work?
 

Easy we get the B of E to print it.:joker:

Re: Credit Crunch Cure: Would this actually work?
 

So, £50 a week on alcohol/tobacco......the money will need to go straight back into the NHS when they are filling hospitals with all manner of health problems.

Also....how many 50 year olds or over are putting children through school? Maybe a handful that have had questionable IVF or have to care for grandchildren. Crime rate unaffected.


Just my thoughts.................but oh how lovely it would be if money did grow on trees!!!

Re: Credit Crunch Cure: Would this actually work?
 

I give you all....Quantative Easing....The money we don't see that is supposed to recover the economy!

Re: Credit Crunch Cure: Would this actually work?
 

HITLER BIKE!

http://forums.sv650.org/showthread.p...rly+retirement

Re: Credit Crunch Cure: Would this actually work?
 

Well now that MP's are not having their luxury moats cleaned /duck ponds blah blah, Im sure we can salvage at least enough :D

and working on the original stats, it would only be a measley £20 million

Re: Credit Crunch Cure: Would this actually work?
 

Eh? £1,000,000 x 20,000,000 = £20,000,000

So glad VT isn't running the economy :-P

Re: Credit Crunch Cure: Would this actually work?
 

Stick me down for a go, with £1M I'll start the economy going

Re: Credit Crunch Cure: Would this actually work?
 

I dunno, I doubt she's any worse than the current bunch :p

Re: Credit Crunch Cure: Would this actually work?
 

well the current bunch seem to like the idea of money growing on trees...
They'll be using people to go searching for Leprechauns and growing magic beans next!

Re: Credit Crunch Cure: Would this actually work?
 

I know, lol, I just wanted to see if anyone would correct me...;)
Wont deny that maths never was my strong point anyway.

If 20 people got £1 million each it would be £20 million
If 20 million people got £1 million each...oh sod it :p

Re: Credit Crunch Cure: Would this actually work?
 

Hello All, sounds like a good idea.....if you are over 50

Re: Credit Crunch Cure: Would this actually work?
 

So...the treasury loses 10-15years of income tax payments x 20,000,000.

Bad plan I think - the recession won't last that long!

Re: Credit Crunch Cure: Would this actually work?
 

i think vauxhall are british still.

Re: Credit Crunch Cure: Would this actually work?
 

Plus...

Noble M600, Caterham and Lotus?

I wouldn't mind one of the above at 50

Re: Credit Crunch Cure: Would this actually work?
 

Westfield...

Re: Credit Crunch Cure: Would this actually work?
 

Heh

20 million new job vacancies in the UK eh. Sweet. Pity that there would only be maybe 5% of the current employment pool that would be suitably qualified/experienced. :P

Re: Credit Crunch Cure: Would this actually work?
 

The British badge of Opel, or GM. Built all over europe, egypt, and japan. About as British as french fries.