albertsperspective

Social benefit programs work when there are more people paying in and fewer people receiving benefits. Social Security and Medicare programs must have been based on a model that assumed perpetual growth of a working population that would always outnumber (or out-pay) those receiving benefits. But now, it appears that the large post World War II Baby Boom generation may bankrupt these programs as it moves into retirement age and depends on the support of a smaller working population.

Fortunately, the United States is in a position to establish policies that can support the continuation of programs like Social Security and Medicare by taking advantage of its continuing standing in the world as a land of opportunity – a place where people can come from all over the world and find success, in much the same way that our forebears did.

We should view the current, 2012 immigration policy question…