Raise The Social Security Age To (At Least) 75

Mises Institute ^ | 01/29/2023 | Ryan McMaken

[SeekAndFind]

[Sequoyah101]

If my “contributions” had not been pilfered they would easily pay for my “benefits”.

SSI has been used for everything. No wonder it is broke.

How about starting with taking everyone off of it that never worked and never paid in? That would be a great start. Obama made it permanent welfare for millions.

[6thavenue]

Fine. Who is going to hire people in their 60s and 70s so they can earn a living until the Mises Libertarians think they should be eligible for Social Security?

What companies are hiring - as opposed to firing - people in their 60s and 70s?

[roving]

If one sits on his butt all day, fine, but I did manual labor. No way I could see myself doing my job until I was 75

[TheDon]

Many people won’t live that long.
I guess that’s the idea. lol

[6thavenue]

Since they won’t be able to get Social Security till they’re 75 , under the Mises libertarian plan, people will have to work until that age (unless they’re fortunate to have government job pensions or inheritances from wealthy parents). So, who is going to hire them? What companies are hiring - as opposed to firing - people in their 60s and 70s?

[6thavenue]

No way I could see myself doing my job until I was 75

Managers in their 20s, 30s and 40s aren’t going to want employees staying around into their 60s and 70s. And they definitely aren’t going to fill open positions with senior citizens

[Craftmore]

When they start talking about reducing welfare benefits and support to illegals maybe ill pay attention.

[Dr. Sivana]

Is the Von Mises Institute determined to make sure the Democrats win every national election?!

[6thavenue]

Since you posted this article, what’s your reply to my question: what companies are hiring people in their 70s?

[SaveFerris]

🔝🔝🔝

[gundog]

Details....

[Mears]

But many US presidents are seniors.

.

[SoConPubbie]

Another attempt at getting the GOP to play "suicide" with their future.

How about closing down all of the Federal Agencies that are not constitutional first, say like the Dept. of Education, FDA, and others and pushing their functionalities back to the states where they belong?

How about cutting the budgets (drastically) of the budgets of the Agencies that are left?

How about only allowing those that have paid into Social Security to pull money out of Social Security?

How about only allowing those that put money into the Social Security system to only pull out the same amount of money?

How about deporting ALL illegal Aliens?

How about ensuring that all monies paid into Social Security are locked down and cannot be touched for anything except Social Security?

Just by doing these logical steps there will be enough for money for Social Security and it will save Social Security.

[Myrddin]

I'm 66 and still working full time. This suggestion of pushing the retirement age out feels like Charlie Brown trying to kick the football only to have Lucy pull it away. My father died at 73. Pushing retirement to 75 pretty much ensures I'm dead before ever having a chance to retire...nevermind that I have saved and invested to have a decent retirement.

[Jess Kitting]

Tax the illegal immigrant laborers to the max so that they can pay for the country’s senior citizens. They need to learn how socialism works.

[vmpolesov]

Nope. I am 51 and headed to retirement very soon. I joined AARP for one reason only: their militant defense of social security. I know that it all other matters AARP actually works against their own members.

[PGR88]

So, when looking at the work force in 1940, we can eliminate nearly half of the men and about 40 percent of the women as likely future Social Security recipients. About half of those who actually made it to 65 would then collect benefits for no more than 15 years.

In sum, Progressives purposely established a benefit based on a tax - with the knowledge that most people would not collect it

That's a ponzi-scheme

[Mr. N. Wolfe]

Life Expectancy in the U.S. Dropped for the Second Year in a Row in 2021

https://www.cdc.gov/nchs/pressroom/nchs_press_releases/2022/20220831.htm

“Non-Hispanic white people in the United States had the second biggest decline in life expectancy in 2021 – one full year from 77.4 in 2020 to 76.4 in 2021. Non-Hispanic Black people had the third biggest decline, a 0.7 year drop from 71.5 years in 2020 to 70.8 in 2021. Life expectancy at birth in 2021 was the lowest for both groups since 1995. After a large (4.0 year) drop in life expectancy from 2019 to 2020, Hispanic people in the U.S. had a slight decline in 2021 of 0.2 years to 77.6 years. Life expectancy for non-Hispanic Asian people also dropped slightly in 2021 – 0.1 years – to 83.5 years, the highest life expectancy of any race/ethnic group included in this analysis.”