Maybe the Baby Boomers have relegated Social Security to the dust bin of history. But then again, retired Congress Critters want their fair share that they worked so hard for too! Let’s see who gets the money ... those who sit and don’t work and Congress Critters. But I repeat myself.
Adding a few more suckers to the Ponzi scheme does not fundamentally change into a real asset....
Quit handing out money like it grows on trees and social security will do fine. When any illegal immigrant can draw from social security before I can, what hope of retirement will I have.
Oh to be 19 and Mexican, retire and live ore the Rio Grand.
40 years from now, the youngest baby boomers will be 89 y/o. The oldest will be over 100.
Obviously, nobody has run the numbers yet. The implication, that millions of new contributors to the Social Security Ponzi Scheme will somehow make it solvent for a few more years, did not take into account the effect of “chain immigrations” which bring in aged parents and other aged or infirm members of the extended family, who shall quite quickly, in their turn, add still more to the already stretched and stressed Social Security program.
But hey, if the idea was all along to apply the Cloward-Piven strategy to break the remnants of the US Treasury, then yeah, it was a good move.
One of the probable outcomes of this policy is the eventual balkanization of the territory once known as “the United States of America” into a number of smaller republics.
The dirty little secret is that the Illegals already here don’t want ‘amnesty’ any more than we true conservatives. The current illegals fear an influx of more illegals who will take away their jobs for lower pay and if the current illegals ‘come out of the shadows’ they will end up seeing their wages further reduced by income taxes and Social Security. Note to Republicans” If you want to really pick up the votes of the Hispanic community DON’T PASS ANY IMMIGRATION BILL...now or ever. Just enforce what we have. JMHO
Social Security, we lose money on every recipient.
Quick, what should we do.......increase the number of recipients! LOL!
third world illegals will flood the system with early health care costs, problems and disability. what are they thinking? net users of services
So these cronies are right up front with just telling the new immigrants that their contributions to retirement will be spent immediately. No lock box. What scumbags.
I’d love to see the CBO’s assumptions in terms of the education and income level of those made-legals from Latin America, a generation or two in.
And as noted elsewhere, the welfare (and I might add, prison) and healthcare costs are sure to dwarf any slight, short-term SS gains.
Then of course, that does nothing to address the culture and politics of the country as well...