The median age of immigrants is now older than native Americans. The decade ending in 2010 was the largest in our history--13.9 million even though during the same period we lost a net of 400,000 jobs. There is no correlation between immigration and job needs. And people without jobs don't pay SS taxes. Instead they are on welfare. Milton Friedman said that, You cannot simultaneously have free immigration and a welfare state. We have both.
SS has been running in the red since 2010 and Medicare since 2008. They will continue to do so until they run out of IOUs in the trust funds and then by law, must cut benefits. This despite the fact that we had the highest number of immigrants enter this country during the past decade in our history. Moreover, one in 8 in this country is foreign born compared to one in 21 in 1970. So how can increasing the number of immigrants each year help us when our history over the past 40 years shows just the opposite? And we have declining and depressed wages during that period.
FYI: The SS Disability Fund goes broke in 2016, which means that payments must be reduced. What is going to happen is that Congress will authorize SS to shift IOUs from the SSTF to the SS Disability Trust Fund to keep on paper at least, SS disability solvent enough to pay full benefits. In the process, it will reduce the time SS will exhaust its IOUs-now around 2036. Oh, and Obamacare kicks in in 2014, which will no doubt increase USG subsidies to both legal and illegal immigrants.
50% to 60% of the illegal aliens lack even a high school degree. How will an amnesty help us increase revenue? And 25% of the adult legal immigrants who enter annually lack a high school degree. We are importing hundreds of thousands of high school dropouts annually and you are telling me this helps our economy?
O.K. You’re taxing my interest in this, though I would like to understand.
What do YOU think the near-universal drive to bring in immigrants both here in the US and in Europe is a result of?
I don’t think the elderly are immigrating. I think it’s the young, so the median age data doesn’t make your case, it makes mine. Even more have to come in to make up for the elderly.
It doesn’t matter what work is done as long as there is work done. More productive (higher paying) work would be better, but a population consisting of nothing but elderly “takers” is a total bust, so anything else has to be an improvement, right?
Globally, governments are doing this. It’s not just the US. I think what these countries have, with closed boarders would be where Greece is already or beyond. The people running things know this, and I think massive imigration is their “answer”. You have lots of data to the contrary, at least long term, but I don’t think that they’re too bright, or thinking too much about the future.
What are your thoughts? Please, no more graphs:-) Why the push for immigration, if not to prop-up a broken system, as I speculate?
kabar, sharing your posts;)