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View Diary: Here's A Closer Look at the Guys Telling Us to Raise the Retirement age to 70 (114 comments)

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  •  Their argument is garbage anyway (6+ / 0-)
    Recommended by:
    Boppy, DvCM, Dem Beans, MKinTN, Val, Eyesbright

    The Business Round Table argues that the alternative to raising the retirement age (raising the contribution cap) would have immediate negative consequences for the economy.  So, they completely reject it.  However, what will be the impact of keeping millions of workers in the workforce until age 70?  The answer is higher unemployment and a more significant burden on other government social safety net programs.

     This is another example of how the "makers" are really "takers".  They don't want to pay for covering the costs of Social Security for the workers that made them rich.  Instead they want the public to pay for it through medicaid, food stamps and other programs.  There's no "solution" here.  These are just greedy people who are trying to run a scam on the public.

    "You must be the change you wish to see in the world." -Gandhi

    by Triscula on Wed Jan 23, 2013 at 03:09:24 AM PST

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