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To: Luis Gonzalez
Notice the title of the thread: Social Security for Mexicans closer to reality (Millions of immigrants to collect benefits)

A million times, what payment per month, times 12 months equals the rough ammount per year it will cost taxpayers.

But I doubt someone like you even understands basic math.

98 posted on 12/14/2003 8:45:01 PM PST by Paul C. Jesup
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To: Paul C. Jesup
Figures, you get all the news you need from the headline.

Here's a heads up...whoever posted the article altered the headline.

Now, for a dose of reality:

"The cost of a totalization agreement with Mexico is highly uncertain. In March 2003, the Office of the Chief Actuary (OCACT) estimated that the cost of the Mexican agreement would be $78 million in the first year of the agreement and would grow to $650 million (in constant 2002 dollars) in 2050. SSA’s actuarial cost estimate assumes the initial number of newly eligible Mexican beneficiaries is equivalent to the 50,000 beneficiaries living in Mexico today and would grow sixfold over time.

The link was supplied by the other idiot who can't read.

Grow to $650 million by 2050?

Where are all those billions you "ciphered" for us Jethro?

It's YOUR math that sucks.

100 posted on 12/14/2003 9:12:32 PM PST by Luis Gonzalez (The Gift Is To See The Trout.)
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