The_Doctor
SilentCal1924
Sr. Member
Posts: 3,272
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« on: February 28, 2017, 12:51:58 PM » |
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There's a valid argument that raising the retirement age would hurt the jobs market by creating less vacancies for younger people (e.g., older people needing to make the retirement age). But by 2030, we're going to have to contend with a longer lifespan having consequences for when someone can retire or we have to simply replace the revenues for Social Security.
Now liberals will say "taxes," but explain why is raising the retirement age by 2-3 years is that bad comparatively, to shore up the system without raising taxes? The Baby Boomers are due to die off now, in greater numbers, so doing it now could mitigate the employment market issue for younger people (might be a bigger problem down the line).
In general, weighing the pros and cons, raising the retirement age seems generally an OK idea.
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