These Are the Jobs That Keep Older Americans Working (bloomberg.com) 129
Occupations with the highest share of workers older than 65 have changed little, data from the past seven decades show. Bloomberg Businessweek: Americans may dream about being able to go off the clock when they reach retirement age, but a good number simply can't or won't. We compiled data on the occupations with the highest share of workers older than 65, going back seven decades. The job types held remarkably steady over the decades (farmers, tailors and clergy). A few faded out of the data with time -- blacksmiths, furriers and household washers, for instance. The data can't fully tell us why people in some professions keep at it longer than others. But we know they're largely low-paying jobs, which means workers have likely struggled to put aside money for retirement.
Way of Life (Score:5, Insightful)
Re:Way of Life (Score:5, Informative)
Farming is often a family business, and you live where you work. Work is seasonal, with lots of work in the spring and fall, but much less in winter and summer.
So if a son or daughter takes over the running of the farm, Mom and Dad are still living there and will jump in to help with planting and harvesting.
My mom farmed until she was 87.
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Also, farming family I know often aren't actively "farming" after 65, they've got plenty of workers to do that, they're mostly just supervising in between trips to the doctor because their back is acting up.
Re: IT closet cleaning! (Score:2)
Looks that way, I see his unit listed as free January 15th 2024.
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Knew a lawyer who retired to a farmer. Kind a shocked me to here sbout is time spent in the capital building, as i only knew him as an 80+ sheep herder.
He started in his late 50's as a farmer.
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LOL! I thought about exactly the same thing instantaneously. I guess we are getting older...
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More significant than that - these are not jobs which you can simply be 'trained into', for the most part. This is skilled labor, not unskilled.
It takes years and years to become a proficient farmer, blacksmith, furriers, farrier, rancher, and so on. These are legacy trades, traditionally done generationally within families.
And if your family isn't doing these things, you're unlikely to pick it up yourself. Once the line ends, so does the trade. The barrier is simply too high, and it's why even today blacks
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"It takes years and years to become a proficient farmer...rancher... These are legacy trades, traditionally done generationally within families."
I don't know about the rest of your list, but these two are most definitely family run, in general.
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Living as I do in an area with lots of high-end retirees, I do residential IT consulting for my fellow chrono-Americans.
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Clergy often retire. I don't know what you are talking about. I know several retired clergy.
Farmers often give the farm to their children, as well, effectively retiring to a country house. Several members of my extended family *were* farmers, and retired.
So, your examples don't seem to hold up.
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Re: Way of Life (Score:3, Interesting)
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> Being a clergyman definitely is not a job. I've never seen a more useless, leeching occupation - basically mooching off people's credulity.
Actually, they are paid for providing emotional support.
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Good point.
One might observe that those who most hate clergy are the most likely to be seeing a therapist.
Re:Way of Life (Score:4)
I, personally, profess no faith but am eternally grateful for the pastor from my mother's church. He arranged for a small group to come sing carols to my mother on her deathbed during Christmas 2020, a week before she died. Whether her beliefs are logical, correct, or even reasonable did not matter one iota in that moment. It brought her comfort and joy in one of her last few lucid moments. There is great value in that.
Re: Way of Life (Score:2)
Even though I agree, and can't possibly agree more, at least some of them offer some sort of moral support to their communities. Yes, I've seen decent clergymen, no, I'm not from the Twilight Zone.
To me, the gold standard in human parasitism are politicians: lazy, self serving, and when they do work, it's only to serve their own interests.
Some jobs are your life (Score:4, Interesting)
I can't imagine identifying as a 'retail clerk', but I am a computer geek and so long as I can keep up and be useful I intend to continue as one (though eventually working fewer hours).
I can deal with the occasional drooling moron if I get some pleasure out of helping people with real computer issues. I like problem solving, I know my way around computers, networks, and such. The money isn't the entire point, it's that fiddling around solving computer problems gives me some degree of personal fulfillment and I won't have that source once I retire fully.
Maybe one day I'll figure out how to 'be retired', but I'm a lot further from that than I am from retirement age.
Similarly, I'm pretty sure people like farmers aren't simply 'people who work on farms', but people who have a lot of their personal identity and self-worth wrapped up in the work. I've had a few doctors retire on me who did so long after retirement age, because they too seemed to 'be their job'. I seriously doubt it was the money for them.
Re:Some jobs are your life (Score:5, Insightful)
I like problem solving, I know my way around computers, networks, and such. The money isn't the entire point, it's that fiddling around solving computer problems gives me some degree of personal fulfillment and I won't have that source once I retire fully.
I was fortunate to be able to retire fairly young (52) thanks to a good unionized public sector IT job with a well managed defined benefit pension plan. I'm financially secure and don't actually need to work, but I still do a part time term position now and then with my former employer just so I can keep my skills up to date (even though I don't really need them anymore), and so I can continue to play with leading edge enterprise class hardware that I would not be able to otherwise. If I had hated my job I'd obviously run and never go back, but I actually kind of enjoy it and the extra cash lets me spend more on my hobbies - cars, audio, shooting sports, etc. when I am not working. If you enjoy what you do, there really is no great rush to leave it all behind.
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Interesting. I worked in software development for 33 years. For 19 of those years, I owned my own software company. So it really was my life.
But starting about 5 years ago, after I sold my company, I started to dislike the tech industry and became more and more disillusioned. I retired April 2023 relatively young and assumed I'd spend time on my hobby software projects.
Well... I didn't, really. Apart from one project that I enjoy maintaining, I don't miss software development at all. If I never wr
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The surest way to turn something you love into something you hate is to make it your job.
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I don't hate programming; I enjoyed it while I did it. But I no longer feel a burning need to do it any more.
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I'm a computer geek as well and I do enjoy hacking around with computers. But last year I bought my local tabletop game store as kind of a retirement "job" and applied my computer experience to the shop. We've had the best year in the past 11 years since I took over and we're moving to a larger space. It's been a lot of fun and certainly educational. It's also quite a bit different than being a computer geek as now I have 7 employees (up from 4 when I took over) and there's a lot of work that folks may not
What About? (Score:2)
What about all of those "McJobs" out there in the service industries ...
... like fast food, grocery stores, liquor stores, gas stations, coffee shops, breakfast houses, day care centers, Lyft-Uber-GrubHub drivers, teachers (not the ones on OnlyFans) and so on?
I doubt that any of those workers make much money to set aside for retirement.
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or a college student pay tuition
What?
Might as well say those jobs to help someone
- buy their 3 bedroom house
- buy a new electric truck or SUV
- retire in 10 years.
Seriously though, at the cost of college, it makes zero sense to work McDob when you're paying that much to attend college.
Internet Troll (Score:3, Funny)
Trolling really is the best retirement job.
Don't post articles from Bloomberg (Score:5, Insightful)
paywall, can't read
As an old (70) phart, I split jobs into two broad classes...
Something you love that you get paid for
Something you hate but need the money to survive
I'm an engineer, inventor and craftsman. When I was younger, I got paid really well to do it
Now, semi-retired, I still get paid to do it, but would do it as a hobby if the money stopped
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Engineers have a rare advantage here: There will never be enough and experience makes them so much better.
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True. Although firing all the experienced engineers often spells the end of a company or that part of the company. It is a really stupid move.
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On the other hand ... (Score:2)
A few faded out of the data with time -- blacksmiths, ...
That one seems to be an up-and-coming hobby. From, Metal, Fire, ‘Hitting Stuff Hard’: Everybody Wants to Be a Blacksmith Now [nytimes.com]:
Amateur blacksmithing has gained traction in recent years. (So has bladesmithing, the art of making knives and daggers.) Weekend classes can fill up months in advance. "Forged in Fire," [history.com] a bladesmithing competition show on the History Channel that has inspired many hobbyists, keeps getting renewed. And as more enthusiasts join the fray, the price of anvils [browncountyforge.com] has risen.
"We can’t offer enough intro classes," said Matthew Berry, who owns in Wolcott, Conn., with two other champions of "Forged in Fire." An introductory class costs about $185 per person. [dragonsbreathforge.com]
"I’ll typically book out two to four months in advance," said Brandon Hyner, 25, another blacksmith in Connecticut. He usually works in New London and charges about $275 for a half-day intro class. "I fill up every time."
So (Score:2)
Re:So (Score:4)
I didn't know they were still making ionospheres.
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My father was a NASA rocket engineer; he worked full-time civil service to age 65, then "retired" to do a lot of the same job (the engineering work minus the bureaucratic junk) as a part-time contractor until age 80 (this year).
I'm 71 and still working... (Score:2)
Why is politician not on the list? (Score:2)
Unfortunately, that occupation seems to keep Americans working well past their prime.
The bloomberg paywall.... (Score:4, Interesting)
Re:The bloomberg paywall.... (Score:4, Funny)
This article is paywalled. (Score:2)
For some work is a matter of pride (Score:2)
Of course others continue to work out of economic necessity
The failure of social democracy (Score:2)
Decades of rampant wealth inequality & the resulting rich & powerful few corrupting our democracies, is leading us back to the dire economic conditions & injustices that preceded extremist political ideologies & two world wars.
We are not our jobs, we a
Eh (Score:2)
I like programming, and system integration, and solving problems.
I'd probably do it anyway, in some form or other ... I'll be happy to let people keep paying me for it though.
What about (Score:2)
They left out husbands.
Forget farming (Score:2)
As of the ->1990- US census, "family farming" was no longer a "recognized occupation", because under 1.5% of the population did it. It's all agribusiness, and most of the rest come close, or are, "hobby farms" - and I say that as I have very close friends in se Indiana who have 40 acres... but she's a chemist and he's a computer regulatory consultant.
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It was meant to be a "social safety net" (not a retirement fund) at a time when actuaries thought most contributors would not live long enough to collect any appreaciable amount from the fund.
Over the decades it has been evolved by "promise them anything" politicians into a panacea dressed to look like a golden unicorn when it's not much more than a dull hollow sphere.
Re: This is shameful. (Score:3, Insightful)
It was sold as a retirement and federal unemployment fund per FDR:
We put those pay roll contributions there so as to give the contributors a legal, moral, and political right to collect their pensions and their unemployment benefits. With those taxes in there, no damn politician can ever scrap my social security program. Those taxes arenâ(TM)t a matter of economics, theyâ(TM)re straight politics.
The problem is the government manages it, so the effective returns are somewhere in the neighborhood of
Re: This is shameful. (Score:5, Insightful)
No the problem with social secuirty was well documented by the late 90's when republicans forced clinton into a ten year budget to clean up that defecit. And then in 2002 george bush scrapped it.
Oh and that debt ballon? That started almost on time in 2010.
We have had several chances at fixing social securoty. Republicans have screwed them all up.
Now all republicans want is for social security to fail and to end all taxes on those earning more than $500k a year. And make the rest of us pay for the debts.
Democrats raise taxes to pay for their spending increases.
Republicans cut taxes and hope democrats will raise the taxes for them.
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Regardless of what options there were to 'fix' SS, it would have gone insolvent with the Baby Boomers regardless. Too much of a glut of old people, not enough gainfully employed young people.
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Republicans cut taxes and hope democrats will raise the taxes for them.
Yes, yes, your ritual 2 minutes hate (oh, if it were only 2 minutes) feels good. But it doesn't solve anything.
Math (and other pesky things, like gender) are still real, even after your little tantrum is over.
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Now all republicans want is for social security to fail and to end all taxes on those earning more than $500k a year. And make the rest of us pay for the debts.
If true, it will kill a lot of people. In fact, it will entirely wipe out anyone who is not a productive member of society. Your mothers and fathers and children who have been injured at work and no longer capable of working will just die. People who have no appreciable skills in life will die. People who have no motivation to maintain themselves will die. Those who have disabilities will die.
Sounds like the 4th Reich. Get rid of all the undesirables without using trains and Zyklon B. I am glad we are so mu
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I bet you think there was no insurrection, either.
There was no insurrection. January 6 was a violent protest that got way out of hand, but this left wing fantasy that Trump was either directing it or was involved as an insurrectionist is a joke. Democrats know they have no case which is why those charges were never brought outside of their sham committee proceedings which lacked opposing testimony. Democrats can no more claim Trump engaged in insurrection than Republicans can blame Democrats for inciting Antifa and BLM riots. At least Republicans denou
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A voilent portest based on lies as told by the sitting president.
We used to hold presidents to a higher standard.
Now we dont hold them accountable for their actions.
Republicans like to say there is a two teired jautice system in this country.
There is. Demoxrats go to jail and obey the law. (Mendez is going down)
Republicans since nixon get off or pardoned
Re: This is shameful. (Score:5, Informative)
Common misconception, Social Security is *not* bankrupt nor will it be. The Social Security trust fund *is not the general fund*.
The trust fund is projected to me depleted in the next 10 years which means payouts fall to about 80% which is not good but that's a far cry from bankrupt.
If we remove the contribution cap then the payouts can remain as needed for the foreseeable future.
Social Security is self funded, the defecit, the general budget, the national debt, none of these really pertain to it. Any funding problems in Social Security is just a math problem.
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True and not. About 1/2 the national debt is owed to social security administration. For dollars borrowed by the general fund in past years. Debt that we only pay the interest on and not the prinicpal
Were do you think the funding for reagan republican star wars came from? And democrats raided it too.
Re: This is shameful. (Score:5, Informative)
That's also not really true either, it's more an accounting issue:
MYTHS AND MISINFORMATION ABOUT SOCIAL SECURITY [ssa.gov]
The Social Security Trust Fund was created in 1939 as part of the Amendments enacted in that year. From its inception, the Trust Fund has always worked the same way. The Social Security Trust Fund has never been "put into the general fund of the government."
Most likely this myth comes from a confusion between the financing of the Social Security program and the way the Social Security Trust Fund is treated in federal budget accounting. Starting in 1969 (due to action by the Johnson Administration in 1968) the transactions to the Trust Fund were included in what is known as the "unified budget." This means that every function of the federal government is included in a single budget. This is sometimes described by saying that the Social Security Trust Funds are "on-budget." This budget treatment of the Social Security Trust Fund continued until 1990 when the Trust Funds were again taken "off-budget." This means only that they are shown as a separate account in the federal budget. But whether the Trust Funds are "on-budget" or "off-budget" is primarily a question of accounting practices--it has no affect on the actual operations of the Trust Fund itself.
Does Congress raid Social Security? [cbsnews.com]
So did Congress spend our Social Security taxes? Of course. They spent this money on all the various operations of the federal government, with a large chunk going to pay for Social Security benefits, Medicare and the military. Some people get worked up when they hear about the obscure projects that they deem to be worthless, but such spending represents a tiny fraction of the overall federal budget.
Should we care that Congress spent the money? No! When you buy any investment, like a stock or a bond, the entity that issues it usually spends the money you paid for that stock or bond.
If the Social Security trust fund invested in something other than U.S. bonds, what would it invest in and where would the money go? If it invested in corporate stocks or bonds, the money would get spent, as noted above. If it invested in the bonds of state and local governments, the money would also get spent. And if the government owned too large a slice of U.S. corporations' stocks and bonds, you might call it socialism.
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Yeah the solvency question is an interesting one and one we don't really know the answer too exactly since in history before we've not had the combination of such debt to GDP ratios and central banking all mashed together. I suppose belief in MMT would also skew ones perceptions and we also have the example of Japan whose ratio is double the US and hasn't seen the predicted calamity (yet). Also the US approach to inflation has shown itself to be a success on the world stage, we literally spent ourselves ou
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but such spending represents a tiny fraction of the overall federal budget.
Yeah, but about 50 thousand people went homeless over that tiny fraction. Large numbers and small people are fun!
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"Just a math problem".
Watch what happens when a growing population of seniors get an "I'm sorry" letter from the Social Security Administration along with reduced payments. Politicians' heads will roll before that happens.
They're going to raise the retirement age again. The first few batches of politicians who suggest such a fix will be humiliated or run out of office, but once the dust clears, those who remain will raise the age as quietly as possible. It's almost inevitable.
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Math problem: number citizens who are expected to enter SS, number of working age people who contribute into the fund and it's rates of return. Figure out the difference, adjust the tax rate as needed.
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Here's the thing, when you hear "bankrupt" one think of as "no money" and therefore "SS payments stop" when there's no scenario when that happens, only that payments decrease. That's the main contention I bring, it paints a dishonest picture of what is actually happening and what people think the future will bring.
It's a deceptive scheme by the people who want to crash SS and so many misunderstand it's actual mechanics that I feel most people who are against the program don't actually know how it works, it
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Here's the thing, when you hear "bankrupt" one think of as "no money" and therefore "SS payments stop" when there's no scenario when that happens, only that payments decrease. That's the main contention I bring, it paints a dishonest picture of what is actually happening and what people think the future will bring.
Very fair criticism. Saying it is "bankrupt" is kind of bombastic and misleading.
It's a deceptive scheme by the people who want to crash SS and so many misunderstand it's actual mechanics that I feel most people who are against the program don't actually know how it works, it's pure ideology.
Sam with comparing it to a Ponzi scheme which only work son the most surface of level (new people pay in while original people who paid in get paid out) after that the comparison collapses.
Ponzi promises ever increasing returns, SS is up front about what everyone puts in and what everybody gets. Ponzi relies on the re-selling of the same investment to parties who don't actually receive anything, that doesn't happen in SS Ponzi is a scheme where people have to be convinced to buy in. SS is involuntary, for it stop being funded means the USA stops having workers. Ponzi is investment, SS is social insurance. Is you car insurance a Ponzi scheme? Only at the top of the surface.
Maybe "Ponzi" is a little bit unfair. "Involuntary generational wealth transfer scheme" might be more accurate. And by the way I am not against it and don't want to crash it. I would like to see understanding of how it actually works be increased and I would like to see it shored up for the future so it can continue to help senior citizens. But when it was conceived there was definitely a sentiment that it had to produce bene
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Common misconception, Social Security is *not* bankrupt nor will it be. The Social Security trust fund *is not the general fund*.
You are about 40 years out of date with this information. Back in 1979/1980 time frame, the funds in the Social Security program were converted to debt to be paid out of the General Fund. These accounting shenanigans continue to this day. The money is gone, Social Security is now a debt and the debt will not get paid sooner or later. The only question is when.
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The Social Security Fund can't and won't go "bankrupt." It may be depleted to the point where it has insufficient funds to cover current obligations, but that isn't the same as being bankrupt. The only reason its depletion might matter is that Congress required that benefits must be paid from the Fund rather than from general revenues. Thus, if benefits are reduced, it isn't because the Fund was depleted, it is because Congress is unwilling to pay the benefits. In any case, contributions would continue and,
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Yes he did. And in 1935 when that law passed, the US life expectancy was 60 for men and 64 for women. https://u.demog.berkeley.edu/~... [berkeley.edu] In other words, Social Security was meant to provide basic income for people who had outlived their life expectancy. Today, it's 74 and 80, but the Social Security retirement age didn't increase. As a result, the amount Social Security could pay retirees has gone down to the point that it's no longer a living "wage."
The idea that we can stop working at 65 is pretty new, in
Re:This is shameful. (Score:4, Informative)
From https://www.ssa.gov/benefits/r... [ssa.gov]:
The full retirement age is 66 if you were born from 1943 to 1954. The full retirement age increases gradually if you were born from 1955 to 1960 until it reaches 67. For anyone born 1960 or later, full retirement benefits are payable at age 67.
Yes, SS has evolved, the country changed. What needs to happen now is to not have an income cutoff beyond which SS taxes are not collected. And it could do better if it were means-tested. The rich blue haired will scream bloody murder, but they do that regardless. They got their wealth by living in a country that provided the means for them to accumulate their wealth. And that group does not need SS payouts. There's no problem for them to pay the country back a bit...other than the Conservatives get their panties in a wad and start that incessant whining...it is their mating call.
Re:This is shameful. (Score:4, Informative)
They got their wealth by living in a country that provided the means for them to accumulate their wealth.
Exactly. This "means to accumulate wealth" comes in two parts: 1) work hard and 2) set aside money (don't spend every dime you get, and don't go into debt for everyday expenses). Yes, it's possible, even today. My 29-year-old son moved out and found a couple of roommates, he's been making it work for the last 8 years. He has no college education.
Social Security was sold to Americans as a way to safely set aside money for retirement. They were told that all that money that was taken out of their paychecks would be theirs to keep. Sounds like you want a bait-and-switch.
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>to accumulate wealth
>work hard
lol
lmao even
Re: This is shameful. (Score:2)
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I think we agree!
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First, removing the cap on contributions will also increase benefits for the well off (benefits are effectively coupled, non-linearly, to contributions). Do we really want people who earned a lot of money during their working years to be getting monthly SS retirement "checks" for $20K and up?
Second, SS retirement benefits are already somewhat means tested based on income. If you're below a certain income level in retirement none of your SS benefits are subject to federal income taxes while up to 85% of the
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It would be possible, but probably unpopular, to remove the cap on contributions while retaining the current cap on benefits. This would make the system an even more progressive tax than it already is. Personally I would be in favor of this. But to be fair it wouldn't affect me in the slightest either way.
I laugh a little inside whenever I hear someone talk about means testing based on income. Income tells you *nothing* about how well off someone is financially.
That kid fresh out of college working that unp
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Note that, technically, it's "eligibility age" as Social Security is, technically, insurance -- though, granted, it's now more commonly replied upon for a basic retirement income.
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What was the life expectancy at retirement age though? Life expectancy at birth is heavily skewed because of the infant mortality rate (deaths under age 5) being high back then.
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According to Social Security statistics https://www.ssa.gov/history/li... [ssa.gov]
Only 53% of males age 21, and 60% of females, could expect to live to the age of 65. So surviving childhood increased life expectancy by about 5 years.
Re: This is shameful. (Score:4, Insightful)
"Pure politics" that created the most successful anti poverty program in US history, that is so popular with the public that it has survived decades of attempts to dismantle it and was extremely successful in it stated goal (reduce elder poverty)
Pure politics can be good actually!
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As for training young people, we simply didn’t produce enough of them, and only quick fix for that is immigration. Except a third of the US pop
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Every time I hear about someone espousing immigration as a solution, I wonder if they are just a big business shill, or stupidly naive. Look at the tech industry, and the H-1B program for example, or even the B1 program which is used to staff call centers in the US, rotating the people out every 90 days. Yes, that supposedly shouldn't happen, but the fines are laughable and just a cost of doing business.
Look at Texas, Arizona, and California. The migrants bring drugs, crime, and people who shouldn't be f
Re:This is shameful. (Score:4, Informative)
Look at Texas, Arizona, and California. The migrants bring drugs, crime, and people who shouldn't be free on any countrys' soil much in the US.
Immigrants (both documented and undocumented) commit crimes at a lower rate than natural born citizens.
https://www.scientificamerican... [scientificamerican.com]
The same is true here in Canada as well. Anyone who gets their info from legit sources rather than social media will know you are full of shit, but thanks for playing anyway.
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https://www.ojp.gov/library/pu... [ojp.gov]
https://www.cato.org/blog/new-... [cato.org]
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Eight crimes have been committed against my loved one by Hispanics. I'm hoping these were not Americans, but for that matter who knows? My best friends throughout life have been Hispanic, so I'm not looking to pick on them.
I'm also guessing in neighborhoods where there are many undocumented immigrants, calling the police is less likely to happen due to
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I'm not trying to be a jerk, but last time you said "commit crimes" and now discuss "arrests". What I'm getting at, how does anyone know overall?
Since you are posting on Slashdot I'm assuming you can use Google or some other search engine of your choice to research your specific interest in stats for general crimes, violent crimes, arrests, or whatever. The trends are generally the same regardless of which metric you choose though. Incarceration rates are another one that may be of interest;
https://siepr.stanford.edu/new... [stanford.edu]
Wouldn't it make sense that those who are more impoverished would also be more desperate/likely to steal?
Indeed immigrants come here primarily to escape poverty. Seems to me they have a greater interest in not fucking that up
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I'm suggesting there are no ways to really know what's going on
How do you really know anything about anything?
For example, those 8 crimes I mentioned involved no immediate arrests, but people were harmed.
Indeed you mentioned yourself you don't even know if they were Americans or not. Nothing is perfect, but I'll take knowledge based on the best available data over that based on nothing at all any day.
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How do you really know anything about anything?
I know I'm talking with Kurtz right now!
Indeed you mentioned yourself you don't even know if they were Americans or not. Nothing is perfect, but I'll take knowledge based on the best available data over that based on nothing at all any day.
Yes, in light of such data (which seems unreliable, if not misleading, to me), as an intelligent person, what would be your best guess though? An unmarried, pregnant woman 't-bones' and totals my friend's car by making a mistake even a teenager wouldn't make, as though she didn't grow up in an area where driving is common. She doesn't have the required insurance nor a license; even though licenses are cheap here. This happened in the town where we work that explode
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If you choose to form opinions base
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If you'd like to simply label me ignorant, that's your ch
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Immigrants (both documented and undocumented) commit crimes at a lower rate than natural born citizens.
Immigrant communities don't report crimes to the authorities. Immigrant on immigrant crime is much more common than reported statistics.
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Immigrants like Elon Musk or the immigrants who founded 43 of the top 50 AI companies? Reference: https://www.forbes.com/sites/s... [forbes.com]
Or the ones who founded a majority of billion dollar tech startups? Reference: https://www.forbes.com/sites/s... [forbes.com]
Nearly half of Fortune 500 companies had at least a co-founder who was either an immigrant or a child of an immigrant. That's companies like Apple (Steve Jobs' biological dad is Syrian) , Yahoo (Jerry Yang .. China), Google (Sergey Brin was born in Moscow). Reference:
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The problem with UBI for oldsters (social security in the US) is that the "B" means really, really, rrreeeaaalllyyyyyy basic. Most old people aspire to more than an efficiency apartment in the bad part of town, the most basic food imaginable, goodwill clothing, no car, and zero funds for entertainment. Which is what social security will buy you.
No. That is a mis-characterization.
My mother is on SSI. She has a (subsidized) apartment in Santa Cruz, CA. She owns a car (Honda). She has nice quality furnishings. She orders her clothes from "Lands End". Doctors and dentists are covered for most things. She spends time with her friends, participates in the "community garden project", has a dog, travels, etc. She is not living large, but she has her needs covered.
If you think SSI is too basic, adjust your expectations -the problem lies in you. Li
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You invest into it though via your SSI withholding. If you don't work much you get less SSI.
>First, seniors should have taught the young generations or maybe trained a robot to take their jobs so they can retire.
Ah yes, those seniors should be training robots. Uhhh...ok
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