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No Gold Watch

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Another generation of US workers, at least significant numbers of them, are being forced into retirement sooner than expected and without ceremony, by the Bust. As Catherine Rampell noted in The New York Times last week, millions of people have been dismissed – file clerks, ticket agents, autoworkers and the like – who might otherwise have stopped working in more orderly fashion.  “But because of the recession,” Rampell writes, “winter came early.”  This has happened before, notably in the 1980-82 recession, when the steel and domestic manufacturing industries led the casualty list; and, after 1990, when banks and other financial