Krugman on Raising the Retirement Age: Janitors vs. Lawyers

So you’re going to tell janitors to work until they’re 70 because lawyers are living longer than ever.

Here. He’s got the numbers here:

since 1977, the life expectancy of male workers retiring at age 65 has risen 6 years in the top half of the income distribution, but only 1.3 years in the bottom half.

Janitors don’t get to live as long, and they have to work until they die. That’s obviously the reasonable, efficient, and fair solution to our budget problems.



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