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How Raising The Retirement Age Screws the Poor
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You are here: Home » Events » News » How Raising The Retirement Age Screws the Poor
Thursday, 21 Sep 2017

How Raising The Retirement Age Screws the Poor

by Kevin Drum (Mother Jones, May 13, 2011).

I've never been a fan of raising the Social Security retirement age.

It's a blunt instrument mainly favored by journalists and policymakers

who don't plan to retire at age 65 anyway and figure that asking people

to work a little bit longer than they used to is no big deal. But people who

don't have white collar jobs quite plainly don't feel the same way about it,

as the skyrocketing number of people who retire early at age 62 demonstrates.

We've already raised the full retirement age to 67 (this was part of the 1983

Social Security deal put in place by the Greenspan Commission), and I think

there are plenty of better ways of bringing Social Security into balance than

by raising it yet again.

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