Rico will take his now, thank you

Rico says his friend Tex sends along a brilliant plan to save the country: "Dear Mr. President, please find below my suggestion for fixing America 's economy. Instead of giving billions to companies that will only squander the money on lavish parties and unearned bonuses, use the following plan; you can call it the Patriotic Retirement Plan."

There are about forty million people over sixty in the work force. Pay them one million dollars apiece to take early retirement, with the following stipulations:
1. They must retire. Forty million job openings = unemployment fixed..
2. They must buy a new American car. Forty million cars ordered = auto industry fixed.
3. They must either buy a house or pay off their mortgage = housing crisis fixed. 

It can't get any easier than that!!
PS: If more money is needed, have all members in Congress pay their taxes...