George Will has an interesting column on Paul Ryan's ideas ot solve the entitlement problem and tax reform. There are some creative ideas for reform. But then he says this:
Ryan would raise the retirement age. If, when Congress created Social Security in 1935, it had indexed the retirement age (then 65) to life expectancy, today the age would be in the mid-70s. The system was never intended to do what it is doing -- subsidizing retirements that extend from one-third to one-half of retirees' adult lives.
I'm sorry, but that is insane. Working until you're 75? I can see delaying retirement for government workers who retire after 20 years, (age 42, if you start work at age 22). But I think most people, once they get to 62-65 are pretty well done in. There are exceptions, but even now, I hear most people start taking social security at age 62, if they can make it on that somehow.
Only a rich writer and intellectual, used to his plush life in DC, could write something like that.
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