The only solution to the jobs problem is lower the Soc Sec age to age 50.

[FreeJoe]

109. Perfect? Try reasonable

Here are a few facts to consider. Today, the retirement age is 67 and the average lifespan is about 77, so SS is paying people roughly 10 years of retirement on average. If you move the age down to 50, you will be paying 27 years of retirement, so the time period for payout will practically triple. On top of that, the years spent paying in will be reduced from roughly 47 years to only 30 years.

Today, the system is marginally solvent as a pay-as-you-go system. It is close to balanced now, but it will increasingly be spending surpluses generated in the past. We will probably have to increase taxes or cut benefits at some point in the future (unless our economy starts growing more quickly).

If you increase payment years by 2.7x and decrease tax years by 35%, you'll have to make up for that with a proportional tax increase. That would mean that taxes, already about 13% of payroll, would have to more than triple. I don't think that you'll convince people that a 40% payroll tax is a good thing.

I don't even want to start on why encouraging dramatically lower labor force participation would be a bad thing.