General Discussion
In reply to the discussion: Buffoon leaders... and how we milked the EU, by veteran Greek columnist and commentator [View all]DFW
(59,711 posts)HUH?
Yes, the Greeks were insane to offer full retirement with full pensions at age 55. "Vote for us and we'll give you anything you want" does work as an election slogan in some countries, it's true.
But retirees do NOT, as a rule live in luxury or beyond their means as a rule. There aren't millions of retirees in the USA all declaring bankruptcy suddenly--not that I've heard anyway. My dad was retired by cancer at age 78, and he didn't stop working until he lost the power to use a keyboard, about 9 days before he died, not owing a cent to anyone, as his executor found out. You're telling me he lived beyond his means? For that matter, I'm now 63. My wife is retired, I'm not, and don't see an reason to stop working for the next 20 years if my health hold out. I don't live beyond my means either. I don't know ANYONE over 50 who lives beyond their means, for that matter.
That sounds like a REALLY far-fetched generalization, for either Greece, the USA, where I come from, or Germany, where I now live.