So we are a wealthier country if we pay taxes to support millennials not working, and with our remaining funds purchase goods and services overseas (where that money is lost to the US) and pay illegal aliens under the table (no taxes) who then send money out of the country to their families?
I’m really having trouble understanding what you’re saying here.
Remember the original question was:
You think our standard of living would be lower if more Americans were working?
I’m not sure how what you said answers that question.
The number one entitlement in America is social security. The folks who pay into social security are the millenials and Xers who are actually working.
Without this, the whole ponzi scheme would collapse. Right now, we just hit record highs of one person on social security for every 2 fulltime workers.
That’s the same as a 50 percent tax rate just to support workers who are retired. Then the said millenial has to sit down and try to support themselves on that 50 percent.
And people wonder why the standard of living is dropping? Taking money from poorer young people who are trying to earn the money and giving it to folks who have many assets is wrong. It’s unsustainable.