As I was listening to my favorite talk show host, he was talking about an idea to bring down unemployment and to stimulate the economy. Lower the SS retirement age to 55 and increase the benefits to the levels you could live on. This would open up the job markets to a new workforce, people can then pay off student loans, buy new houses and cars, and otherwise drive the economy from the bottom up. Which will further increase tax revenues further strengthening the Social Security system.
He coined this new plan “Cash for Geezers” you can read the rest of the article by clicking here.
Seemed to work for the "Cash for Clunkers" program.
Jock
