FW: The Birk Economic Recovery Plan

"Note that "Birk" cannot divide correctly (it's $425, not $425,000...)." -Jason



------Begin Forward------
> Subject
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> Fw: The Birk Economic Recovery Plan
>
>
>
> -------------- Forwarded Message: --------------
> From: ...
> Subject: Fw: The Birk Economic Recovery Plan
> Date: Fri, 26 Sep 2008 12:15:28 +0000
>
>
>
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>
> I vote for this guy!!!
>
>
>
>
>
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> I'm against the $85,000,000,000.00 bailout of AIG.
>
> Instead, I'm in favor of giving $85,000,000,000 to America in
> a We Deserve It Dividend.
>
> To make the math simple, let's assume there are 200,000,000
> bonafide U.S. Citizens 18+.
>
> Our population is about 301,000,000 +/- counting every man, woman
> and child. So 200,000,000 might be a fair stab at adults 18 and up..
>
> So divide 200 million adults 18+ into $85 billon that equals
> $425,000.00.
>
> My plan is to give $425,000 to every person 18+ as a
> We Deserve It Dividend.
>
> Of course, it would NOT be tax free.
> So let's assume a tax rate of 30%.
>
> Every individual 18+ has to pay $127,500.00 in taxes.
> That sends $25,500,000,000 right back to Uncle Sam.
>
> But it means that every adult 18+ has $297,500.00 in their pocket.
> A husband and wife has $595,000.00.
>
> What would you do with $297,500.00 to $595,000.00 in your family?
> Pay off your mortgage - housing crisis solved.
> Repay college loans - what a great boost to new grads
> Put away money for college - it'll be there
> Save in a bank - create money to loan to entrepreneurs.
> Buy a new car - create jobs
> Invest in the market - capital drives growth
> Pay for your parent's medical insurance - health care improves
> Enable Deadbeat Dads to come clean - or else< > Remember this is for every adult U S Citizen 18+ including the folks
> who lost their jobs at Lehman Brothers and every other company
> that is cutting back. And of course, for those serving in our Armed
> Forces.
>
> If we're going to re-distribute wealth let's really do it...instead
> of trickling out
> a puny $1000.00 ( "vote buy" ) economic incentive that is being
> proposed by one of our candidates for President.
>
> If we're going to do an $85 billion bailout, let's bail out every
> adult U S Citizen 18+!
>
> As for AIG - liquidate it.
> Sell off its parts.
> Let American General go back to being American General.
> Sell off the real estate..
> Let the private sector bargain hunters cut it up and clean it up.
>
> Here's my rationale. We deserve it and AIG doesn't.
>
> Sure it's a crazy idea that can "never work."
>
> But can you imagine the Coast-To-Coast Block Party!
>
> How do you spell Economic Boom?
>
> I trust my fellow adult Americans to know how to use the $85 Billion
> We Deserve It Dividend more than I do the geniuses at AIG or in
> Washington DC .
>
> And remember, The Birk plan only really costs $59.5 Billion because
> $25.5 Billion is returned
> instantly in taxes to Uncle Sam.
>
> Ahhh...I feel so much better getting that off my chest.
> Kindest personal regards,
> Birk
> T. J. Birkenmeier,
>
>
> A Creative Guy & Citizen of the Republic
>
>

5 comments:

Potato Head said...

200,000 divided into 85 billion is 425,000? Another math genius for McCain-Palin.

Potato Head said...

Oops, meant to write, 200,000,000...

Anonymous said...

I loved this plan when it was thousands of dollars. What do I do with $425!

Bob McCarty said...

After learning that the guy behind "The Birk Plan" is a fellow resident of St. Louis, I published a post under the headline, 'You Do The Math!' -- The Birk Plan Explained. I would encourage your readers to check it out as it explains a truly-interesting social experiment.

badnewswade said...

Give everyone in the country hundreds of thousands of dollars?

But that sounds like... Communism!

I'm confuzzled!

 
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