Re: SS Trust Fund -- Various Interpretations


The Trucker wrote:
> "Jim Blair" <jeb@xxxxxxxx> wrote in message
> news:d1pt53$fqc$1@xxxxxxxxxxxxxxxxxxxxx
> >
> > "Tim Keating" <NotForJunkEmail@xxxxxxxxxxxxxxxxxxxxx> wrote in
message
> > ....
> >>
> >> As for illegals, they end up consuming many of our government
> >> services, (driving up the cost), intended for our citizens. One
> >> quarter of all LA county jail cells are holding illegally who
> >> committed crimes. Same goes for many other government benefits.
My
> >> local hospital district levies a $500/yr property tax to support
> >> indigent health care. Care to guess what % of that goes towards
> >> illegals?
> >
> > Hi,
> >
> > Immigrants clearly help the Social Security cash flow in the "short
run".
> > That is, they pay FICA--until they qualify to collect.
> > Once they start collecting, they add to the problem. Just like US
born
> > workers.
> >
> >>
> >> Second, they depress wage scales across the board. Why hire a
US
> >> citizen for $12/hr when you can hire illegals for half that??.
> >
> > And that cuts both ways. Their low wages make things here cheaper.
Like
> > nannies, lawn care, and some manufactured goods. A reduction in
your costs
> > is equivalent to an increase in your wealth.
> >
>
> This is a very, very WRONG assertion. Wage erosion is good for
> people who have income from rents,

Yes. That is because my landlord is somehow making more money _now_
where I pay him $835/month than before the tech crash, job losses and
wage freezes when I was paying $1220/month.

.

Relevant Pages

  • Re: A different take on illegal aliens
    ... sufficient tax revenue to cover that cost. ... something approximating a living wage. ... business, is now earning the same amount, then the person who now receives ... illegals to want to come into this country, to have a shot at those wages. ...
    (soc.retirement)
  • Re: tax cuts and minimum wage!
    ... Wage is a cost. ... That did stimulate the economy, ... which in turn raises government revenue. ...
    (alt.politics)
  • Re: Way OT: Can any econ majors help me out here?
    ... > -- Real wage growth makes it way into ... > like raising the minimum wage from $5.15/hour to something people can ... that should theoretically squeeze illegals out of the US ... cost of a legal worker, under your plan, will have doubled. ...
    (misc.transport.road)
  • Re: OT: Words from a great man
    ... There are not a lot of illegals working on Wall Street or in ... government that exist, the solution is always more government, because ... Statist Playbook ... the cost of exit is low. ...
    (rec.bicycles.racing)
  • Re: tax cuts and minimum wage!
    ... Wage is a cost. ... Some supply/demand models are elastic, ... money in private hands multiplies faster than money in government hands. ...
    (alt.politics)