theHRguy@lemmy.world to A Boring Dystopia@lemmy.world · 2 months agoStudy: 83% of Americans will have to work into their 70s in order to afford to retiremedium.comexternal-linkmessage-square43fedilinkarrow-up1222arrow-down17
arrow-up1215arrow-down1external-linkStudy: 83% of Americans will have to work into their 70s in order to afford to retiremedium.comtheHRguy@lemmy.world to A Boring Dystopia@lemmy.world · 2 months agomessage-square43fedilink
minus-squaregivesomefucks@lemmy.worldMlinkfedilinkEnglisharrow-up15arrow-down1·2 months agoIt was done by Reagan in the 80s… Not even exaggerating. They do these based on birth year, so changes are set decades in advance so they people getting fucked don’t get to vote on it https://www.cnbc.com/2022/04/03/social-security-retirement-age-reaches-67-some-say-it-may-go-higher.html And in the last 40 years, no one’s never really did anything to fight it. Like, it’s not a rachet, it doesn’t just go one way. We can lower it too. But to afford to do so wed have to remove the cap on contributions and the wealthy wouldn’t want that.
It was done by Reagan in the 80s…
Not even exaggerating. They do these based on birth year, so changes are set decades in advance so they people getting fucked don’t get to vote on it
https://www.cnbc.com/2022/04/03/social-security-retirement-age-reaches-67-some-say-it-may-go-higher.html
And in the last 40 years, no one’s never really did anything to fight it.
Like, it’s not a rachet, it doesn’t just go one way. We can lower it too.
But to afford to do so wed have to remove the cap on contributions and the wealthy wouldn’t want that.