Raise the Cap on Social Security, Lower the Retirement Age for Job Creation

I first learned of the idea from radio host and writer Thom Hartmann. It was so starkly different from normal discussions about saving Social Security, that it's taken me this long to absorb it. I'm still researching the idea, looking at a few other countries with lower retirement ages, but it kind of makes sense, especially when you look at the chart below. Would the balance shift and reverse the numbers of unemployed?

The Unemployed