Immigrants & Social Security

Discussion in 'Immigration/Illegal Immigration' started by Toronado3800, Nov 23, 2009.

  1. Toronado3800
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    Toronado3800 VIP Member

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    Just thought of something. Most of my ancestors who came here were young folks at the time. Most of the Indian and Hispanic immigrants or Visa workers we see are younger hard working individuals as well.

    The reason why social security benefits will need to be adjusted so severely in the near future is demographics. Too many baby boomers, not enough hard working 30 and 40 year olds.

    The trick is to keep the money circulating our economy instead of having it sent back to Mexico or India.
     
  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    South Asia helping offset drop in birthrate...
    :eusa_eh:
    South Asians Fuel Asian Population Boom in US
    August 03, 2012 - Job seekers of South Asian origin comprise most of Chicago's new immigrant community, filling key demand for technology workers
     
  3. editec
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    editec Mr. Forgot-it-All

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    The boomer gen more than prefunded their retirement.

    But if the future of SSI is to be secure the younger generations will have to have a lifetime of solid work history to keep it going.

    And that seems to currently be the problem, doesn't it?

    We're so busy sending their jobs offshore, fewer and fewer of them can make a decent living.
     
  4. waltky
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    waltky Wise ol' monkey Supporting Member

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    If one understands the Social Security system as the ponzi scheme it is...

    ... i.e. it requires an ever-increasing base (continuing increasing birthrate ) to keep it going...

    ... then one realizes it eventually reaches a point...

    ... where the base becomes no longer sufficient...

    ... to pay out the benefits to those at the top of the pyramid...

    ... only by infusing 'new blood' (immigrants to bolster the dropping birthrate)...

    ... can the inevitable be delayed.
    :eusa_shifty:
     
  5. Katzndogz
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    Katzndogz Diamond Member

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    There is a firm belief that a young immigrant who comes here, works under the table, and supplements his income with selling drugs, smuggling or stealing is contributing to the social security system.
     
  6. ecinicola
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    ecinicola Active Member

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    Obama supposeably is going to grant soc sec to the illegals that work here and immigrants, It will be less soc sec for the younger people in the future. I think its a shame, because all these young people are paying in, the same as us older folks have.
    i have gotten my granddaughter and her husband putting into an Annuity, which will be better then soc sec when they reach retirement age and the Gov't won't be able to spend it like they are soc sec.
     
  7. LilOlLady
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    LilOlLady Gold Member

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    And who will pay the social security for the millions of 30 or 40 year old illegal aliens when they come of age and because of low wage earners will not have paid enough into social security to collect benefits and will be given full SSI plus full Medicaid? They canno pay enough taxes or buy enough products or services to be an asset instead of a liability. NO thanks, but no thanks. The baby boomers social security is already secured without illegal aliens. Social security has a $22 trillion surplus. Scare mongering by the radical right that it is broke. Because they want to put it in the hands of corrupt and greedy profit making private sector hands.
     
    Last edited: Aug 4, 2012
  8. LilOlLady
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    LilOlLady Gold Member

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    If social security is less than poverty level, it will be supplemented with SSI and Medicaid.
     

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