On Jun 21, 2025, Lynn McGuire wrote
(in article <1036vag$17htj$
[email protected]>):
On 6/21/2025 11:15 AM, Scott Dorsey wrote:
Robert Carnegie<[email protected]> 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.
Oh, really? Like the hundreds of thousands, millions, tens of millions, of Russian and Polish and German Jews in the late 19th/early 20th centuries? Of the millions of not-Jewish Italians and Poles and Germans, the Germans
starting in the _17th_ century? Of the millions of Swedes and Danes and Norwegians in the late 19th/early 20th? How many of them had the least competency in English? Hint: the famous ‘Pennsylvania Dutch’, creators of the Long Rifle, were German, as in ‘Pennsylvania Duetch’.
https://en.wikipedia.org/wiki/Pennsylvania_Dutch What is now Pennsylvania was majority German speaking for a Very Long Time, just as large chunks of New York and New Jersey were Dutch speaking. (If you see a body of water with ’kill’ in its name in New York/Jersey the odds are that there were a lot of Dutchmen. Famous American Dutch would include one General Longstreet, there were a LOT of Dutch roaming the area, yea into the Deep South.
https://en.wikipedia.org/wiki/James_Longstreet) During the American
Civil War there were entire regiments of German-speakers and smaller units of Dutch-speakers. (And some Gael-speakers. On both sides. Despite the previous bad example of the Saint Patricks in the Mexican War.
https://en.wikipedia.org/wiki/Saint_Patrick's_Battalion)
It used to be that we allowed immigration to the USA for college
graduates and English competency only.
Oh, really? When did the law change? Hint: immigration law is a public document. Pray produce written support for this. Hint: if this is so, how did
a certain draft-dodging German whose grandson, currently in the WH and also a draft-dodger, the apple doesn’t fall far from the tree, get into the US?
We still allow about 1.3 million
people per year to immigrant legally to the USA, mostly family of
existing citizens.
Wrong. A lot are family, but most are not. Immigrant here. Guess how I know. Various countries have a quota, weighted towards palefaces. Guess how I know.
Some of us actually paid attention in history class. Why some of us ight have an actual history degree. And might acyually teach history at the
undergraduate level.
Lynn
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