As Capitol Hill approaches a deal on the debt ceiling an economist says there’s a simple way for Americans to help erase the country’s debt: work for extra decade beyond the current retirement age of 65. Pippa Malmgren, who was financial market advisor to George W. Bush from 2001-2002, told The Takeaway on Thursday that “the bottom line” is that the U.S. “can fix our problems pretty easily, everybody just has to work ten years longer.” Mike Munger, professor of political science and economics at Duke University, says the plan may not be realistic or do enough to reduce the deficit.
At The World, we believe strongly that human-centered journalism is at the heart of an informed public and a strong democracy. We see democracy and journalism as two sides of the same coin. If you care about one, it is imperative to care about the other.
Every day, our nonprofit newsroom seeks to inform and empower listeners and hold the powerful accountable. Neither would be possible without the support of listeners like you. If you believe in our work, will you give today? We need your help now more than ever!