TW: Everyone knows this, most even agree it needs to be done but why is not being proposed? Simple game theory, the party that does will be hammered by the other.
From conservative economist Greg Mankiw:
"Americans, as well as citizens of many other advanced nations, now spend about twice as many years in retirement as they did a generation or two ago. During that time, they expect the government to provide them with income support and healthcare. Is it any wonder that we face serious fiscal problems?
I hope the president's fiscal commission makes raising the age of eligibility for these programs one of its main recommendations"
http://gregmankiw.blogspot.com/2010/03/life-expectancy-at-retirement.html
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