When analysts speak of a fiscal catastrophe some
50 years hence, what they are actually referring
to, strictly in terms of scale, is a public sector
analagous to the Euro social-democracies -- spending
in the neighborhood of 40 percent.
The bulk of this, again in terms of debatable
scenarios, is
I can't say overall, but there's pretty good figures
for workers in the "bracero" program of 1942-1964.
There were some 4 million Mexican workers brought in,
and ten percent of their pay was withheld from
1942-1950, which was supposed to go to worker "savings
accounts." They never got the money--
Michael Perelman wrote:
>Also, many immigrants pay into social security without being able to
>collect. Has anybody ever tried to quantify that effect?
The SS Trustees reports use immigrants as one of the demographic
variables, with higher levels of immigration meaning more solvency
for the s
Also, many immigrants pay into social security without being able to
collect. Has anybody ever tried to quantify that effect?
On Mon, Sep 03, 2001 at 12:20:13PM -0400, Doug Henwood wrote:
> Gar Lipow wrote:
>
> >Also there is one other point. In the U.S, anyway the increase in the
> >ratio of s
Gar Lipow wrote:
>Also there is one other point. In the U.S, anyway the increase in the
>ratio of seniors to others is projected to occur alongside a drop in the
>ratio of children to population -- so that the total "dependency" ratio
>is projected to be a only a tiny bit higher than at present..
