From The Heritage Foundation and The Manhattan Institute:
by Nicole Gelinas
Manhattan Institute
November 15, 2011
City Journal
Part of the solution to the retirement crisis is to shorten the years of retirement. Unless older unemployed people get back to work soon, they’ll never go back, and they’ll become poorer retirees than they needed to be. What this means is that fixing our economy now is the most important task of all when dealing with the retirement crisis. Let the housing market find its bottom, so that people who want to cut losses on bad housing debt have the information they need to make such a momentous decision. Invest massively in infrastructure. These measures would get people back to work soon and prepare the nation better for the future, making it likelier that those who will shoulder the burden of caring for an aging population are able to do it.
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