Opinion: John Stossel: Social Security and Medicare are unsustainable time bombs
Recently, France’s president, trying to keep his country’s pension system from going broke, raised France’s retirement age from 62 to a measly 64.In America, politicians who even hint at such solutions get screamed at by misinformed seniors: “Don’t touch my retirement funds! You took money from my paycheck for years; that’s my money I’m getting back!”
But now Americans live, on average, to age 76. I’m 76. Henry Kissinger is 100. Since most of us live so long, there are just not enough workers to pay for us.Even Donald Trump cowers, saying, “No one will lay a hand on your Medicare or your Social Security.” “Get an MRI,” says my doctor. I immediately do. I don’t ask the cost. The MRI people don’t mention it either.
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