You cannot simultaneously have free immigration and a welfare state. -- Milton Friedman
Turns out you can, but for how long? You cannot simultaneously have free immigration and a welfare state. -- Milton Friedman
Turns out you can, but for how long?1. AIUI even undocumented people use fake Social Security numbers to work. They thus pay Social Security and Medicare taxes without getting any benefits.
2. Social Security is effed because of its structure - current workers pay for current retirees - and the inverting population pyramid. This is unrelated to who the workers are.
It does hold government debt, but that's not really useful and puts it in a totally different category from "spending that contributes to the budget deficit".
Link the comparison please. I already know what the numbers are
Of course the entitlements are useful spending - these are things people need and benefit from. Had these dollars not been spent by the US government, they would have been spent directly by the taxpayers for the same goods and services. While some money may have been saved if this spending were private, it probably wouldn't change the total economic impact by much.
On the other hand we have nothing to show for the $18 trillion burned on wars that went horrifically. If we'd put that money into useful investments such that it paid interest and stopped our defense spending, we would be running a $300 billion per year surplus right now with no cuts to any other government services, to say nothing of the potential economic advantages if the wars had just never happened.
And don't get me started on the $10 trillion lost to the Bush tax cuts and their extensions.
Convenient to exclude SS for ... no reason other than it makes your numbers look better because its a vast majority of entitlement spending so it makes your argument look bad.
May I ask you provide numbers including all entitlement spending, which includes SS?
This is what I meant by knowing what the numbers are.