Quote:
Originally Posted by Boreas
There are persuasive arguments on both sides of this. The argument in favor of increasing the retirement age is that the system was never intended to provide benefits for 10 or 20 years as it does now because people live longer. When Social Security was introduced, average life expectancy was much lower. The government was figuring on only having to pay for a few years.
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That's a bogus argument that is being pushed by the Oligarchy who want us peasants to toil in the traces till we drop dead.
The main reason the average lifespan was so much lower back in the old days was due to the high rate of infant mortality and deaths from Childhood diseases. When you put a while bunch of zeros and single digits into the mix it tends to bring the average way down. People who made it to 65 back then had almost as many years left as they would today.