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View Diary: Government reports just 74,000 new jobs in December, but drop-outs push unemployment rate to 6.7% (78 comments)

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  •  time to let people retire early w/o penalty (4+ / 0-)
    Recommended by:
    Rikon Snow, jbob, jdmorg, freesia

    I think the push to allow people to retire earlier with no Social Security penalty is a great idea.  I think it will open up the work force some and let others that have already worked 98% of their adult lives to retire while they still have some good health to enjoy it.  Many people working blue collar jobs accumulate so many health issues from the physically demanding labor and even retiring at 63 vs. 65 or 67 can have a huge impact on quality of life.

    I went into science for the money and the sex. Imagine my surprise.

    by Mote Dai on Fri Jan 10, 2014 at 06:14:04 AM PST

    •  It's a great idea - if there is no limit (4+ / 0-)
      Recommended by:
      radarlady, Carl C, sulthernao, AlexDrew

      to how much money the Social Security Administration has to pay out. Unfortunately, you can't pay out tens of billions of additional dollars without any way of replacing them.

      •  Not sure it is "billions" extra (0+ / 0-)

        I am not sure that a 2-3 year period in which people could retire 1-2 years early would be an additional "billions" of dollars.  I don't think anyone is realistically proposing that it go on forever, but as a one time event to potentially open up employment opportunities for younger workers.

        I went into science for the money and the sex. Imagine my surprise.

        by Mote Dai on Fri Jan 10, 2014 at 01:02:31 PM PST

        [ Parent ]

        •  Basically, the government (1+ / 0-)
          Recommended by:

          hires these people away from their jobs. So we, the taxpayer present and future, pay a bunch of employable 63-year olds to sit around at home. Not appealing to me.

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