There are a lot of more or less rational arguments that can be raised in favor of changing some social and economic policies. One that does not withstand close examination is the idea that we should increase retirement age because "we are all living longer."
It turns out that "all" is a bit of an exaggeration.
In fact, it turns out that the life expectancy at age 65 of the lowest quarter (25%) of US males is down close to the life expectancy found in Eastern Europe. Not good.
Here is a link to some interesting graphs.
By the way, life expectancy for white people in America with less than a high school education is declining, as shown here.
Thursday, November 15, 2012
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