Harry Dresden
Adamantium Member
- Dec 15, 2008
- 93,841
- 26,884
you did not answer my question g...That was just as true, in fact it was more true, of blue collar jobs in 1935. Life and work were far harder on people back then.If you think a retirement age of 70 is unfair, just imagine how unfair a retirement age of 65 was in 1935.The retirement age needs to be increased to 70, and indexed to 9 percent of the population going forward.
We are living longer than our ancestors, so we should be working longer. Common sense.
When Social Security was instituted in 1935, the average life expectancy was 60. Only 5.4% of the population was over 65. SS was intended for people who beat the odds, it was not intended for everyone to collect.
When Medicare was added in 1965, average life expectancy was 70. United States - Life expectancy at birth 1965
At that time, 9 percent of the population was over 65.
Today, 15 percent of the population is over 65. A smaller and smaller percentage of the population is carrying a larger and larger percentage. This is unsustainable.
If you think a retirement age of 70 is unfair, just imagine how unfair a retirement age of 65 was in 1935.
what about those with outdoor jobs that beat the hell out of you physically over 30 years and may not be able to go that far?.....