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Young Turks: Should We Lower The Retirement Age? w/ James K Galbraith

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CherylK Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-08-11 01:57 AM
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Young Turks: Should We Lower The Retirement Age? w/ James K Galbraith
 
Run time: 16:53
https://www.youtube.com/watch?v=kLQ_Jt3jE98
 
Posted on YouTube: January 08, 2011
By YouTube Member: TYTInterviews
Views on YouTube: 307
 
Posted on DU: January 08, 2011
By DU Member: CherylK
Views on DU: 503
 
http://www.foreignpolicy.com/articles/2011/01/02/unconventional_wisdom?page=0,7
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Skink Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-08-11 10:53 AM
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1. the medicare age will have to be lowered also.
there are so many people right now that have taken early retirement for various reasons but must continue to work 20 hours a week to get their medical benefits and be able to make it financially.

The point I agree with most is that by uplifting people at a lower age we are then creating a class of people with purchasing power thus increasing our consumer society.
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Overseas Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-08-11 11:57 AM
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2. K&R. Bill Gates and I have an average income in the billions.
So I certainly hope our legislators don't use that misleading rise in AVERAGE longevity to push a further increase in the Social Security age.

65 should be the upper limit in SS starting.
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