We can no longer kick the can and avoid fixing the deficit. We need to solve this problem as soon as we can but without sacrificing the intellect of future generations.
When Franklin Roosevelt established social security in 1935, men and women were only expected to live to 58.1 and 61.6 years, respectively. But today, men on average are expected to live to 76 and women to 81. While in 1935 it made sense that the retirement age was 65, today it is absurd that the retirement age is only 67. … [visit site to read more]