Now we're talking --- James Galbraith goes against the tide

In my mind I have been questioning the wisdom of raising the retirement age for receiving full Social Security benefits, which seems to be the Beltway CW. Why force people who often won't live a long time to continue working, or in many cases, fruitlessly looking for work, until age 67, 68 or more? Here's an excerpt from Now we're talking --- James Galbraith goes against the tide.

The most dangerous conventional wisdom in the world today is the idea that with an older population, people must work longer and retire with less....

Older people who would like to retire and would do so if they could afford it should get some help. The right step is to reduce, not increase, the full-benefits retirement age. As a rough cut, why not enact a three-year window during which the age for receiving full Social Security benefits would drop to 62 -- providing a voluntary, one-time, grab-it-now bonus for leaving work? Let them go home! With a secure pension and medical care, they will be happier. Young people who need work will be happier. And there will also be more jobs. With pension security, older people will consume services until the end of their lives. They will become, each and every one, an employer.