Raising the Medicare Age

I think Krugman raised a lot of interesting points in this short post, Raising the Medicare Age.

"As the Social Security Administration has shown, the gap between life expectancy in the top and bottom halves of the wage distribution has risen sharply."

"Cohn shows that adding 65 and 66-year olds to the private insurance pool would cause a devastating rise in costs."

"And then there’s the wisdom of Peter Cook: All in all I’d rather have been a judge than a miner. And what is more, being a miner, as soon as you are too old and tired and sick and stupid to do the job properly, you have to go. Well, the very opposite applies with the judges."