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Showing posts with the label retire

Retirement

Retirement sounds like something that should not effect economy negatively, but it does in a few ways. The age at which people retire is growing on in years resulting in jobs that in the past opened up sooner to where now they just are not.  This growing age of retirement also brings with it increased income of those retired and thus they feel less of the impact of increased cot of living.  This detachment from that reality effects their view on it usually resulting in them not wanting to reduce the cost of living down to something the economy can truly handle. Healthcare cost of those in the retirement age is the same with them retired or not.  But those not retired feel less impact on increased healthcare costs and thus feel less of a need to bring the costs down. With the age of retirement increasing those younger have less and less chance to obtain work for them self, being younger there is less programs in place for them usually resulting in increased crime, in...