At the beginning of "Social" "Security" the eligibility age for benefits was sixty-five, which, conveniently, was the age at which approximately half the potential pensioners were ... dead. Thus the lucky surviving half could enjoy a few years of more-or-less-leisure without
breaking the so-called trust fund.
In the past going on a century, medical science and dietitians and purveyors of model railroads have done wonders in extending productive life spans, which makes putting enough resources away to enjoy a retirement that in many cases might
last as long as one's working life more challenging, and it's essentially
impossible for governments to manage that.
How, then, take advantage of the increased longevity and continued lucidity of older workers, whilst not foreclosing the career ladders of younger workers? There are limits to extending adolescence, and a person entering the work force at 35 might not be able to put enough resources away to retire at 60 or 65.
In microcosm, the British royal family illustrates the challenge. The current queen will soon turn 95, and she's still doing the boxes each morning. The crown prince is in his early seventies. The presumptive next crown prince is pushing 40, with yet another presumptive crown prince almost a tween. The names of the monarchs for the rest of the 21st century are known, if not yet their terms. I submit, though, that an employment model in which commoners wait until their former retirement age to take their first jobs is not going to work too well.
(As an aside,
I concur with Daily Mail columnist Dan Wootton that "forcing the fully-vaccinated Queen to [sit in a separate pew] in a dehumanising mask without anyone by her side as support [during her husband's funeral] was unnecessarily cruel.")
In higher education and electoral politics, I have
long been tired of people who will not step aside and let the youngsters develop. "It is difficult not to conclude that for at least several decades, the Silent and Baby Boom generations have sat atop the rest of society like a monstrous stone idol that demands worshipping." Yes, and the corona tyranny
might be their final act.
It is not, though, the persistence of the Watergate class in Congress or the last of the got-tenure-relatively-easily crowd in higher education that alone is
hobbling our dynamism. "[Anthony] Fauci and [his boss, Francis] Collins have several decades of federal employment during which they amassed considerable political influence on both sides of the aisle with members of Congress." Where is the Cromwell who will say, "You have sat there far too long. In the name of all that is holy, go?"
The challenge, though, will be in the emergence of future career ladders, in order that people don't delay their entry into the work force in a suboptimal way, or remain suboptimally long in work, foreclosing promotion opportunities to their juniors.