The dis-incentive to retire earlier will leave that person in the job market, and younger people will find it harder to get into the market. I have no proof, b

The dis-incentive to retire earlier will leave that person in the job market, and younger people will find it harder to get into the market. I have no proof, but I think this will lead to lower quality of goods in the long run, since the younger people will not have had the as much time to hone their craft as the previous generation of young people did. We'll see soon enough in real life: http://www.calculatedriskblog.com/2010/11/labor-force-participation-trends-over.html http://www.calculatedriskblog.com/2010/11/labor-force-partic...