• anachronist@midwest.social
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    4 months ago

    This is neoliberal lies.

    1. Live expectancy for people nearing retirement age has not increased much since the 1930s. The main reason life expectancy has gone up is due to childhood mortality going down.
    2. Life expectancy for blue collar workers has gone up even less, in recent years it is declining. To the extent that people live longer in retirement it’s almost all white collar and wealthier people. Most people I know who work with their bodies are completely exhausted by the time they get to 62.
    3. Social security is completely financially sound. It is the most sound retirement plan there is because it is not tied to the wall street casino.
    4. Any projected shortfalls can be eliminated by raising the FICA contribution limit and taxing the wealthy a little more.