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Big news at @MLInstitute. I'm delighted to share that my friend @lalshareef is now a colleague, joining MLI as a Senior Fellow. Loay is one of the most eloquent and pragmatic thought leaders in the world when it comes to the Middle East, and I'm delighted he's joined the team.
Here is what I wrote about the idea at the time. Nothing in the intervening years has led ne to change my mind:
And the worst part is that it had already been done and the political price paid. It was a gift to the Trudeau government and absolutely necessary to take account of improved life expectancy since retirement age was arbitrarily fixed at 65 decades ago. Trudeau reversed it in yet…
That’s a separate problem easily dealt with.
🙄🙄🙄🙄🙄
It would add 100,000 seniors to the poverty roll
But hey let’s not talk about that!
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2549065
#cdnpoli
And whose income is harmed by working a few months longer before retirement? Most people are entirely capable of doing so and the data clearly show seniors who work longer are happier, healthier and live longer. Raising the retirement age is a *radically pro- seniors policy*.
@brianleecrowley What income class stood to lose the most with a higher OAS eligibility age? The low income one who Harper couldn’t care less about out.
And the worst part is that it had already been done and the political price paid. It was a gift to the Trudeau government and absolutely necessary to take account of improved life expectancy since retirement age was arbitrarily fixed at 65 decades ago. Trudeau reversed it in yet…
As the Carney government seeks to find fiscal savings, it’s worth observing that if the Trudeau government hadn’t needlessly reversed the Harper-era reforms to Old Age Security, they’d be generating average annual savings of $7.2B (2025 dollars) between now and 2030.
This is a good piece, and I think Dr. Crowley is correct that Lament is really not a very good book. However, I suggest that's actually because Lament doesn't well reflect Grant's socio-political views. W/o picking a fight nor being a Grant apologist, here's a brief counterpoint: