The solution to the budget problems and job creation seems very simple to me. The federal government should stop taxing senior citizens, especially on SSA benefits for which we have already paid taxes. Then seniors should be encouraged to retire and stay retired rather than forcing them back into the workforce for a meager wage. Instead of a minimum wage, SSA benefits should be raised to a minimum to $75,000 per year or $150,000 for a married couple. Seem outrageous? Not so quick.
If people, other than military and government workers, actually got to retire at age 65, it would create millions of new jobs for younger people and returning military veterans. In addition to the direct job creation, the seniors, with more money to spend, would do just that. Some are now driving 20- to 30-year-old cars. They would buy new cars. Then new homes. Then spend a lot more time traveling, helping the tourist industry throughout the USA.
Seniors are also more charitable and some are entrepreneurs who, if they had the money, could create new jobs for younger people as they got "out of their way." There would be reduced expenses on health care and medical care.
I think you would be amazed. Did you know you could go on a constant cruise for what a nursing home costs? Write or call your congressman (or any other congressman/millionaire) to get behind this.
Joseph M. Reichert