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turbinetree

(24,703 posts)
Thu Mar 28, 2024, 10:55 AM Mar 28

Billionaire Tells Seniors That 65 Is A 'Crazy' Retirement Age [View all]

'Out-of-Touch Billionaire' Larry Fink Blasted for Calling 65 a 'Crazy' Retirement Age

By Jake Johnson — March 28, 2024

Larry Fink, the billionaire CEO of the world's largest asset management firm, wrote in his annual letter to investors on Tuesday that it is "a bit crazy" that 65 is viewed as a sensible retirement age in the United States, drawing swift backlash from Social Security defenders and policy analysts.

Dean Baker, senior economist at the Center for Economic and Policy Research, replied that the CEO of BlackRock apparently doesn't know the U.S. already raised the full retirement age for Social Security to 67 under a law passed during the Reagan administration—a change that inflicted benefit cuts across the board.


"I love how rich people are treated as sources of great wisdom when they obviously don't know their ass from their elbow," Baker wrote on social media.

https://crooksandliars.com/2024/03/billionaire-tells-seniors-65-crazy


Hey Fink why don't you pay your fair share into the social securty system.............well were fucking waiting...............well....I guess your all in on two class tax system, when it comes to social secuity........well were still waiting........Fuck Blackrock......how many people has your "firm" hurt ...............a lot......

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