Monday, January 31, 2011

Raising the Retirement Age

Ezra Klein has a post up about how unemployment has been especially hard on older workers and offers up this graph.

This is one of the biggest reasons I'm skeptical of raising the retirement age for Social Security. I understand the logic behind it and I used to support it, but things like this have made me think it's not such a good idea. If we had a strong, vibrant economy and weren't biased against older workers, then it might not be a bad idea. As things stand now, though, I think raising the retirement age would not be the right thing to do.

No comments: