<story><title>U.S. Labor Department allows unemployment benefits for coronavirus</title><url>https://www.reuters.com/article/usa-economy-labor/u-s-labor-department-allows-unemployment-benefits-for-coronavirus-idUSW1N29L03G</url></story><parent_chain><item><author>thrill</author><text>If we can afford a $1.5 trillion injection into the markets, then we can afford moving the SS retirement age to 60 where the most vulnerable exist.</text></item><item><author>zymhan</author><text>That would both put a massive strain on the Social Security trust and not pressure employers at all, since they&amp;#x27;d likely be happy to have the most expensive employees retire early.</text></item><item><author>thrill</author><text>You know what else would help?  Since the risk curve bends sharply upward at age 60, immediately allow anyone to start drawing full social security payments at age 60, without any sort of penalty.  Those companies that value their older workers would now be in the position of &lt;i&gt;making&lt;/i&gt; work-from-home a full-fledged option, because the bargaining power would shift to where it belongs - the worker.</text></item></parent_chain><comment><author>QuesnayJr</author><text>The $1.5 trillion injection doesn&amp;#x27;t actually cost any money.  The Fed is making short-term fully-collateralized loans.</text></comment>
<story><title>U.S. Labor Department allows unemployment benefits for coronavirus</title><url>https://www.reuters.com/article/usa-economy-labor/u-s-labor-department-allows-unemployment-benefits-for-coronavirus-idUSW1N29L03G</url></story><parent_chain><item><author>thrill</author><text>If we can afford a $1.5 trillion injection into the markets, then we can afford moving the SS retirement age to 60 where the most vulnerable exist.</text></item><item><author>zymhan</author><text>That would both put a massive strain on the Social Security trust and not pressure employers at all, since they&amp;#x27;d likely be happy to have the most expensive employees retire early.</text></item><item><author>thrill</author><text>You know what else would help?  Since the risk curve bends sharply upward at age 60, immediately allow anyone to start drawing full social security payments at age 60, without any sort of penalty.  Those companies that value their older workers would now be in the position of &lt;i&gt;making&lt;/i&gt; work-from-home a full-fledged option, because the bargaining power would shift to where it belongs - the worker.</text></item></parent_chain><comment><author>OscarCunningham</author><text>The money being &amp;quot;injected into the market&amp;quot; is in exchange for assets. They&amp;#x27;re not just giving it away.</text></comment>