Quote:
Originally Posted by Stu from NYC
the problem is as life expectancy goes up we have more and more people to support with not enough funds going into the system.
Would need to raise the retirement age and do not think congress will do it. They would rather kick the can further down the road with bandaids
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there are other means to raise money other than to cut costs. .
One of the issues with increasing the age is that there is real age discrimination in the workforce, even though it's illogical. Hiring after the age of 55 is spotty and lucky at best. . which makes raising the age a nightmare for many people, due to no fault of their own.
Raise the tax on the remaining people who are the ones making the decisions on who should be laid off or fired. . and if the AI hopes and dreams come true, raising the retirement age will be fruitless as there will be no jobs other than commodity labor jobs.
good luck to us. .