What do we know about the people who retire at 62? On average, shorter life expectancy and lower earnings than people retiring at later ages. If anyone stood up and said, “Instead of doing uniform across the board cuts, let’s make them a little worse for people who have shorter life expectancies and lower earnings,” they’d be laughed at.
And yet, in DC, these folks aren’t laughed at. Instead, they’re seen as very serious people making the hard decisions.
(Source: Washington Post)