To: JohnGalt
Originally I was against this. But the more I thought about it the more questions I have.
Who is going to work and pay SS and all the taxes to support the boomers fixing to retire. It clearly won't be all the American children we as nation allowed to be aborted.
10 posted on
01/07/2004 12:35:08 PM PST by
kimoajax
To: kimoajax
Originally I was against this. But the more I thought about it the more questions I have. That's a rational response. I am nowhere near knowing what to make of this policy--this being my first look at it.
13 posted on
01/07/2004 12:36:28 PM PST by
Huck
(This space available--monthly rates---great exposure)
To: kimoajax
We are ruled by two sets of egotistical Marxists whose rule would shame the King of Fools:
Birthrate down thanks to birth control and abortion?
No problem, we'll import the difference!
17 posted on
01/07/2004 12:39:10 PM PST by
JohnGalt
("How few were left who had seen the Republic!"- Tacitus)
To: kimoajax
Who is going to work and pay SS and all the taxes to support the boomers fixing to retire. It clearly won't be all the American children we as nation allowed to be abortedbingo. We aborted about one out of every three babies during the past 30 years. They would be working today but for the US Supreme Court. They aren't. We need young workers paying into SS to keep the system solvent. We kill our own so we have to import foreigners.
To: kimoajax
In order to collect social security retirement payments you need 10 years of covered employment with at least $1600 of credited earnings in each year to count. In order to qualify for disability payments under social security, you need at least 5 years of credits within the past 10 years.
Many of these people will never qualify under either of these categories, but under the new program they will make payments into the system during their employment here. I suspect that their payments into the system, which start with the first dollar earned, even if the person fails to earn the minimum for credit, will exceed the amount paid out to them as a group, even if qualified benefits are paid to Mexican residents.
Also note that some of these people have used multiple IDs in the past. This practice serves to divide their work history and further reduce the possibility of meeting minimum qualifications for benefits.
My wife worked for a few years at miniscule wages in college, and was exempt from social security in her later career (municipal) and so had less than 7 years time and trivial earnings credited when I retired from IBM. She took part-time work as a clerk, and later as a telemarketer, to barely qualify (11 years) for a retirement benefit a couple of years ago. She received less than $300 per month, until I retired and she began collecting the spouse benefit on my record, which nearly tripled her check.
Even ten full years of low-wage work will not earn much of a benefit, and I doubt that many of these guest workers will get even that far.
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