Just wait until FedGov decides to give all of an unpleasant haircut on our life savings, savings that were the cornerstone of our retirement plans. NOBODY will be able to retire after that. Everybody will work until they die on the job.
No, the jobs are occupied by illegals. But more significantly, the majority of youth under 25 aren’t even bothering to look for work - they are amassing huge debt that will never be discharged via bankruptcy, with little likelihood of finding a job that will pay off that massive debt, living at home with their parents, on their parent’s health plans.
The insignificant portion ‘taken’ by older workers is the leftovers that youth haven’t even bothered to apply for.
But of course, economists have already stated this.
The higher the minimum age, the more likely. Would you hire a 16 year old to flip burgers or a 60 year old? Which would know more, which would you assume would be most reliable? A “retired” senior citizen could get excited about flipping burgers for $15 an hour. Minimum wage increases attracts older people now. The youngsters are the losers in this game. They have no experience, no skills, and no proven record.
That's a poor analogy. The US is probably overproducing liberal arts PhDs and lawyers. And underproducing engineers and doctors.
At a recent industry meeting I sat next to an 84 year old doctor who was still doing some consulting work. If he retired completely, could a young doctor take his place? Not a chance, his expertise would just be lost.
The question that should be asked is, "Why is has unemployment remained so high during this economic recovery?"
A person doesn’t “steal” a job. One beats out the competition with better skills and a better work ethic.
Stealing?! ROFL!!! Ok. It's not as if these Gen X'ers actually want to work! No, they think they have a "right" to a job, to not actually WORK at that job, and to collect a paycheck for NOT working at a "job" they think we're STEALING from them.
Entitlement mentality in action!
For every unlawfully present, employed “resident”,
a job is not available to a lawful resident/citizen.
Deport an illegal, free up a job.