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The clipping this text was read from
The clipping this text was read from

AH jpf which leads directly into my current proposal for , ending! the recession and sending us sky rocketing on the next bloom, a suggestion for which, if I did not thank insurance companies 1 should be most ungrateful. Everybody wage earners, people on pensions salaried men everybody will draw one month's pay in advance, just like an insur:Njince company. Storekeepers would be entitled to a month's profit; station owners, restauranteers would get the same Even the farmer will participate. If he sells milk, he gets •a milk! check m advance, If he sells beef, he gets in advance 1/12 pf his yearly sales volume. Now I know the cautious conservative reader will point out defects in our systemi Some trifling wage earner will quit ahead of time. Some old farmer might even drop dead to beat the game. But by and large, most people are honest, and the few losses would be more than compensated for by the tremendous shot in the arm our nation’s economy would experience from the resultant flow of money. Think of it, the entire purchasing power of the country increased by l/12th. of its present size ip just one year Recession would be out of window. Boom j times will return. Everyone will participate, just like ' , the insurance companies, to whom we should hereafter sing praises and be even grateful for so simple yet magnificent an i.dea. ’ In Conclusion, let me point out this is no transitory cure.' . Our idea carries with it its own reserve, or ace in the hole. If in Another decade or two a second recession strikes the solution is obvious. We will draw two months’ pay or two months’ milk checks in advance. And by way of repaying the insurance companies our, debt of graditude, we could let thjem in on the plan, too. It shouldn’t be,so difficult for themlto set up their machines k second month in advance, j ,;i B.C.B. Jr.

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