Chris Christie: We Have to Raise the Retirement Age for Social Security

February 16, 2011

New Jersey Governor, Chris Christie, the leading Republican non-candidate for president, today talked at the American Enterprise Institute about “doing the big things.” And he doesn’t mean the phony “investments” in high-speed trains and other nonsense that President Obama advocates. He discusses how both Democrats and Republicans in Washington are too timid to talk about entitlement programs and don’t understand the need to be specific:

Here is the truth that nobody is talking about: You are going to have to raise the retirement age for Social Security! Whoa! I just said it and I am still standing here. I did not vaporize into the carpeting. And I said it. We have to reform Medicare because it costs too much and it is going to bankrupt us. Once again lightening did not come through the windows and strike me dead. And we have to fix Medicaid because it is not only bankrupting the federal government, it is bankrupting every state government. There you go. If we are not honest about these things – on the state level about pensions and benefits and on the federal level about Social Security, Medicare and Medicaid – we are on the path to ruin.

Christie argues that people today are ready to hear the truth and will reward straight talk about what needs to be done. He talks about the need for a leader to come out first and propose a plan, not wait for his opponents to stick out their necks. A leader has to have the spine to take risk. What a contrast to President Obama who said yesterday that he would start talking about entitlement reform if Republicans go first.

Too bad Governor Christie honestly does not want to run for president, at least at this time. The nation needs a leader like Christie rather than the current occupant of the White House.

Click here to watch the full hour-long video of Christie’s talk at the AEI.

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{ 5 comments… read them below or add one }

Mikee T April 5, 2011 at 4:14 PM

Governmor Christie:
With all due respect, why not raise the age for state, federal and municipal “pensioneers” on when they are eligible to collect pensions….Gee, what a concept…. I don’t see you mentioning this, could it be it affects some of your own ? Including you ?

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Florida Pundit April 12, 2011 at 1:43 PM

Absolutely, we should raise the retirement age of government employees. I don’t think Christie is excluding this. He is pointing out that we need to deal with all entitlement programs and restore fiscal sanity if we want to avoid a financial crash.

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Bob Trent June 14, 2011 at 5:09 PM

Absolutely. All the Social Security problems could be solved by raising the retirement age to 120.
A lesser solution would be to raise the eligibility age to balance the social security (FICA/OASDI) tax to the benefits (payouts). The age could be adjusted annually to keep the payins equal to the payouts.

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Dawn January 22, 2012 at 3:21 PM

Social Security is fully funded and has always been fully funded. Even with possible future payouts eating into the huge surplus, there are other ways to correct any deficiencies. And stop referencing it as an entitlement, as we pay for it. While the wealthy are living longer, the poor are not, therefore raising retirement age would actually have the poor pay for those extra years the wealthy are living.

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frank August 28, 2012 at 10:43 PM

At the rate that he is growing he may not need social security at all.

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