Saturday, February 9, 2019

Reduce the Retirement Age. The Exchange

Reduce the retirement age before we do any kind of Universal Basic Income (UBI).

Since the military seems to be the cutting edge innovator of medicine, why isn't there talk of socializing their job structure more?  Should doctors, specialists and nurses be given a housing stipend or accommodated with living quarters....much like barracks or on-base housing?

The only socialism I'm in favor of is really our U.S. military.  And so I don't want to sound like some commie lover, but also, why isn't our justice system socialized.  Why does someone have to afford a degree of representation for their livelihoods?  What if lawyers had ranks.  What if the prosecutor corp and justice defense corp be as robust as each other, with limitless resources and upfront pay for attorneys willing to work as much or as little as they want according to federal pay structure?

Our medicine and justice could come at a much more affordable cost.  And thereby retirement could come at a much more reasonable cost.   
Less old people in the workforce, more room for the young.

Will we sin tax like crazy to cover more costs?  How about more bodies working?  More young bodies:  the age of 15 to 24 that want to be working.  They'll be working those jobs that old people over the age of 58 have vacated?  Perhaps they're supplementing activity with secondary or post secondary education.  Perhaps they're not part of a new Civilian National Guard Corp in their local community sandbagging somewhere.  Perhaps they're volunteering with their local church over the other side of the wall inside of Mexico.

Can we reduce the retirement age to 58?  Ya' know, keep the young buggers busier.

For the retired folks, can we get something going like a volunteer corp for daycare or orphanages?  Civic Corp for the oldest and youngest?  Can the youngest volunteer at the likes of the VA hospitals.  Bedpans to conversation and an exchange on advice.

bls.gov/news.release/youth.nr0.htm
According to the 'guhment, for 16 to 24 year olds, it's busier times earning between April and July.  About 2 million more work.  That's an increase from about 19 to 21 million.  America is about 320 million folks.  That's those seeking work in their youth being about  6.5% of the population.  A good benchmark of unemployment tends to be 5%, which is considered pretty reasonable and good.  In July 2018, there was a 60% participation rate. 
"In July 2018, the largest percentage of employed youth worked in the leisure and
hospitality industry (26 percent), which includes food services."
  About 30 years ago, the rate of participation was 77%.  That's a 20% ballpark difference.

The youth unemployment rate, at 9.2 percent in July 2018, 
was little changed from July 2017. This represents the lowest summer youth 
unemployment rate since July 1966.  The number of unemployed youth was 2.1 million 
in July 2018, little different from a year earlier. Of the 2.1 million unemployed 16- 
to 24-year-olds,1.5 million were looking for full-time work in July 2018, also little changed 
from July 2017. (See tables 1 and 2.)
 
Some of those youth are no doubt college grads. 
The current overall unemployment rate is hovering under 4%.
 
Over 43 million Americans currently
draw social security. 
 
So, I've pitted a decade of youth (representing a decade in age of youth) at 6%, up against
all these Americans drawing social security money to about 13%, largely in retirement.
Yes, a lot of questions are begged.  The retirement age is technically 66
and increasing.

What do you think we can do about  the economic future concerning number of personnel? 


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