In the 59 pages of sometimes radical notions proposed by the heads of a budget-cutting commission intended to restore discipline and sacrifice to the economic lives of slothful Americans, there’s at least one idea that should be a no-brainer.
Gradually increase the age at which Americans retire and collect either early or full retirement benefits via the Social Security system. Make provisions for those 62 or older who can’t continue to work.
This one should be widley adopted by Americans if only to show they are ’mature’ about needed belt-tightening measures, given the size of current and future budget deficits. In France, major protests were launched about the plan to gradually increase the retirement age there to 62 from 60.