Tuesday, August 03, 2010
Unpossible Dreams
Given the peculiar nature of the lead fluoride in the water in DC, expanding Social Security and Medicare will probably happen never, but in a sane universe this wouldn't just be a good idea it would be an obviously good idea. Older unemployed workers aren't going to be retrained for the "skills they need to re-enter the 21st-century economy" and even if they could it wouldn't be a cost effective investment given the fact that their retirement is near. Right now they're just depleting what savings they had and ensuring a retirement existence at a far lower wealth/income level than they expected. Lower full eligibility 62, if only temporarily, and lower partial eligibility to 60. And Medicare to 62, and Medicare buy in to 55 while I'm dreaming.