Look to the market

Free market capitalism is telling us that many businesses will discard workers when they reach the age of 50 to 55, despite laws against age discrimination. Let us then reduce the retirement age under Social Security and Medicare to 55. Recently President Obama has voiced support for increased Social Security benefits, a good first step. Workers who lose their job in their early to mid-50s usually cannot find work at comparable pay, and not everyone wants to work as a greeter at Walmart. Reducing the current retirement age from 67 to 55 is a good idea, in my humble opinion.

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