Re: Longevity vs. Retirement Age

From: Andrew L Clough (aclough@mit.edu)
Date: Thu Aug 14 2003 - 13:55:38 MDT

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    On Thu, 14 Aug 2003, Randy S wrote:

    > BillK <bill@wkidston.freeserve.co.uk> said:
    >
    > > On Wed Aug 13, 2003 10:18 am Randy wrote:
    > > >
    > > > Excellent post! Right in line with my recent thoughts. This really
    > > > belies the growing neoconservative "arbeit mach frei" propaganda that
    > > > has helped lead to the increasing age at which one may draw SS
    > > > benefits (was 62, now 65, soon to be 67). We need to take a look at
    > > > what we are doing, and decrease the SS eligible age even if we have
    > > > greatly reduce benefits.
    > > >
    > >
    > > Sorry, but governments are not trying to increase the official
    > > retirement age because of neoconservative propaganda.
    > >
    > > The problem is that the money is running out.
    >
    >
    > Many of the govts of the western democracies have used the funds meant for
    > pensions to instead provide perks for 3rd world immigrants and other
    > noncitizens--in order to help attract them.
    >
    > I live in a city full a million of such immigrants, most of whom buy their
    > food using in part an electronic card. I know. I wait in line behind them.
    >
    > Who do you think pays for these cards? You and me through our Social Secuity
    > taxes. These govts are in collusion with other large and powerful entities
    > (business and media) that want ever more people crammed into the country. And
    > we pay for the enticements.
    >
    > Also, much of the SS tax money goes to special educational programs, such as
    > bilingual education, and a veritable HOST of meaningless and worthless
    > education and welfare seminars etc etc etc. This stuff is bleeding our
    > pension funds dry. Our legion of govts from federal to local are out of
    > control.
    >
    > Early retirement is an extremely extropian goal, as shown by this inescapable
    > evidence. But what a surprise--we still have to consider old fashioned
    > politics in order to consider attaining these goals. How mundane.....
    >
    > -Randy

    Excuse me if I'm wrong, but it seems like the cost of social security
    dwarfs that of immigration by several orders of magnitude. Even the
    highest estimate of the costs imposed on us by immigrants don't exceed
    $5 billion per year in government spending, while social security
    currently costs $500 billion per year, and the baby boomers aren't even
    retiring yet.



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