Work Till You Drop, or You’re 70, Whichever Comes First

Jane Slaughter
September 25, 2010

Unlike in France, the U.S. Social Security system is running a surplus—$2.3 trillion, in fact, projected to last till 2037. Yet raising the retirement age, as high as 70, seems to be Washington’s favorite bright idea. President Obama appointed a Deficit Commission to figure out how to bring down the national debt, but it’s been talking about Social Security instead.

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