Raising The Social Security Retirement Age Is Incredibly Regressive

Mathew Yglesias explains Raising The Social Security Retirement Age Is Incredibly Regressive. "If I were to say, ‘let’s fix the Social Security gap with a benefit cut that hurts the poor really badly while largely sparing the rich’ Beltway people would think that was a bit of an odd idea. But if I were to say, ‘people are living longer than ever, so let’s raise the retirement age,’ I’d be the toast of Washington. The problem, as Aaron Carroll shows citing Hilary Waldren’s research (PDF) is that these are equivalent ideas. Consider that not only do the rich live longer than the poor, but the gap has grown steadily:"