Sunday 2 August 2009

Simple Economics


An Australian citizen composed a letter to Wayne Maxwell Swan (pictured right), the Treasurer of Australia, setting out his suggestions for fixing Australia's economy. His letter is produced below:

Dear Mr Swan

Please find below my suggestions for fixing Australia's economy.
Instead of giving billions of dollars to banks that will squander the money on lavish parties and unearned bonuses, use the following plan. You can call it the Patriotic Retirement Plan.
There are about 10 million people over 50 in the workforce. Pay them $1 million each severance for early retirement with the following stipulations.
  • 1 They must retire. Ten million job openings - unemployment fixed.
  • 2 They must buy an Australian car. Ten million cars ordered - car 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/further education/university. Crime rate fixed.
  • 5 They must buy $100 worth of alcohol/tobacco a week. There's your money back in duty/tax etc.

It can't get any easier than that!

Yours sincerely

The Whole Country

PS If more money is needed, have all members of parliament pay back their falsely claimed expenses and second home allowances.