The country’s aging population and low fertility rate jeopardizes the solvency of Social Security and the Medicare program, according to a new study by Brookings
The immigration crisis has become a recurring theme in social gatherings and political debates, and is the main issue of the U.S. presidential election. Amid this discussion, one certainty stands out: while it’s well known that migrants have a need to live in the United States, a study has highlighted that the country needs them too.
Twenty percent of U.S. workers were not born in the United States, and it is expected that in the near future more than seven million more migrants will be needed for the labor market. That’s according to a study by Brookings, which warns about how the higher-than-expected increase in pensioners following the Covid-19 pandemic will affect the U.S. economy.
As the baby boomer generation approaches age 80, two challenges are facing the U.S. economy: providing staff to care for the elderly and ensuring the solvency of Social Security and the Medicare program.
Why do they need immigrants? There are people here now who need jobs, they can do it.
If I hear “immigrants will accept lower wages” one more fucking time I’m going to lose it, that’s just an intentional creation of a lower class, it’s feudalistic and coercive. Same thing with farm labor. Pay a reasonable amount and local people will do it.
Increasing social security taxes would be very unpopular, increasing the age for retirement would be very unpopular. There’s no way to reduce the amount of money social security costs without pissing a lot of people off.
The obvious solution to the problem is to make more citizens out of people who want to work here and benefit from everything our taxes pay for. Even aside from how much they would be paid (which should be a fair honest wage) the taxes off the top would go up faster than social security costs as long as people kept coming in and costs stayed stagnant
How about a wealth tax for people with over $10 million dollars of assets
How about tripling the size of the IRS (or more) so that the government actually gets what it’s supposed to
How about cutting foreign defense spending
How about increasing the corporate tax rate even just a little bit
Or only paying social security to people who need it
Or getting rid of insanely wasteful farm subsidies
But yes, I think we actually agree, that people who come here need to be paid a fair wage. That was really my point. When people talk about immigration to fix labor shortages, they almost always mean minimum wage or thereabouts (or even lower like for farm workers).
But, but, that would be … ˢᵒᶜⁱᵃˡⁱˢᵐ
GASP
How about cutting foreign defense spending
We could, but remember that a lot of that defense spending are people in the US’ job. About 2M would be on the block for chopping.
Or getting rid of insanely wasteful farm subsidies
I mean don’t stop there. Especially at just that point. Relax the restrictions for crop insurance. Reduce the barriers between farmers and grocers. Literally break up the giant grocery stores. Kroger’s is a fucking bitch ass. One of the reasons we have to pay massive subsidies is because there’s distinctly a lack of a free market in the farming and grocery business.
And while we’re at it. Tell John Deere to fuck off.
It also gets corporations of the hook and uses immigrants as a scapegoat. The argument shouldn’t be “immigrants will accept lower wages,” it should be “companies should be paying higher wages.” Even for immigrants.
It’s the same shit with offshoring. They do it because they can pay people less.
It’s always fucked with me.
Because no, no human is worth less than others based on geographic location or local economy or where you came from originally.
If you’re educated enough to do the same job as a US citizen, and you’re working for a company based in the US, you should get equivalent pay to your US counterparts. You’re not worth less as a human because you’re from a different area.
It’s fucking disgusting, I’ve thought it was disgusting my whole life. It’s nothing but exploitation.
It hurts people in the USA by driving down wages and it hurts people internationally because these companies pat themselves on the back for “lifting up” these people and economies when the real reason they’re doing is they’re cheap fucking bastards. If they really wanted to lift up those economies, they’d pay people equivalent US wages in the local currency.
If that means you make a society of local millionaires overnight, oh well. This whole paying people less because their local economy is smaller is fuckstupid hateful hurtful bullshit.
See also: how orchard owners don’t pay minimum wage to harvest, they pay “by the tree” to skirt minimum wage laws.
Because unemployment isn’t really that low. When we talk about “people here now who could use those jobs”, we’re usually talking about people in dead end jobs that could use a career job.
So great, pull them into our elder care system, give them a career level up…now their old jobs are still unfilled. And while we’re super shitty as a country towards entry level service workers, we also as a country really want those jobs to be filled. So we’d need to fill that gap in the employment pool somehow.
Maybe we shouldn’t have the idea of a dead end job in the first place. Almost all work should be valid and provide livable wages. There shouldn’t be a class of jobs “just for kids”. As if their time is less valuable anyways. This is a super late stage capitalist viewpoint.
A job can be well paid and still be considered “dead end”. Just means there’s no room for advancement or growth. Has nothing to do with capitalism or wages, really.
