Re: “The US Likely Has 8 Years—At Most—Before Crisis”

On Tue, 24 Jun 2025 08:53:16 -0700, Bobbie Sellers
<bliss-sf4ever@dslextreme.com> wrote:

>
>
On 6/21/25 11:57, Lynn McGuire wrote:

On 6/21/2025 11:15 AM, Scott Dorsey wrote:

Robert Carnegie  <rja.carnegie@gmail.com> wrote:

>
Is the crisis because the OAS fund cannot
pay elderly SS subscribers due to the government
pilfering it, or is it because the government
pilfering has to stop when the money is all gone?

>
The government pilfering is a problem, and it's been happening since
Reagan.
>
The aging population is also a problem, with fewer younger people paying
into the system as more aging people are paid by it.  (And yes, higher
immigration rates can fix this one.)
>
Some people have made the argument that mathematically, if the cap on
income was removed from the social security witholdings, so that
billionaires were paying at the same percentage rate as millionaires
instead of the same amount, that it would solve the current OAS deficit
problem.  This is true, and it's certainly a good plan from any viewpoint
except that of the very rich, but it's also kicking the can down the road
a bit since eventually the very rich are likely to get paid back a good
portion of that a generation later.
--scott

 
Higher immigration will not fix this problem as most of the immigrants
are uneducated and cannot speak the majority language, English.
 
It used to be that we allowed immigration to the USA for college
graduates and English competency only.  We still allow about 1.3 million
people per year to immigrant legally to the USA, mostly family of
existing citizens.
 
Lynn
 

>
Lynn you are buying the right wing lies again. Immigrants are pursuing more
education than ever before...
Most of the undocumented would not take those jobs that Americans would
not take if they were totally able to deal with people in English.
Yesterday the
Father of several Marine sons who is pursuing the immunity due to parents
of Military was arrested by ICE as he was doing the landscaping at a chain
restaurant and they accused him of attacking them with a weed wacker when
he was trying to run away. As usual with ICE they presented no warrant and
were masked. He just had darker skin.

Huh.

I thought Trump ordered all people wearing masks to be arrested.

So why haven't the alleged ICE Agents wearing masks been -- arrested?

The excessive focus on "people who look like Mexicans" ("racism") has
been apparent for quite some time.

As has their sloppiness and inefficiency.

The effects of their efforts should be apparent next year at the food
store and on the kitchen table.

Well, unless the Orange Taco backs down again.
--
"Here lies the Tuscan poet Aretino,
Who evil spoke of everyone but God,
Giving as his excuse, 'I never knew him.'"