Friday, September 10, 2010

Social Security Retirement Age

Thinking like this is why I like libertarians:

The questions that policymakers thinking about Social Security reform should be asking aren’t “How many years should people work” or “When do we think individuals should retire?” ... Instead, the right question to ask is: “At what age should we start subsidizing retirement by taxing younger members of society?”

1 comment:

mazenko said...

Completely agree with this.

Raising the age and lowering and means testing benefits is absolutely non-negotiable.

It's social insurance meant to keep the elderly out of poverty - it was never meant to provide a majority of a retirees income.

Both parties are responsible for that perception.