A Few Numbers
Robert Rector, senior fellow at The Heritage Foundation, just offered a few unpleasant numbers about the immigration bill on Bill O'Reilly's show:
** The retirement cost of giving American citizenship to 9 million people will be $2.5 trillion -- and they'll become part of the social security system at precisely the time when it will be strained already by the Baby Boomers.
** The typical immigrant household run by a high school drop-out -- with 60% of the immigrants being college drop outs -- receive an average of $30,000 per year in government benefits. The household pays in about $10,000 in taxes.
** The net cost to the taxpayer of an illegal alien who gets amnesty -- with "net cost" measured as benefits received minus taxes paid in -- is about $500,000.00 over the course of a lifetime.
Certainly, the national security aspect of the amnesty bill is the most disturbing. But it's bad news not just for our security, but also for tazpayers' pocketbooks.
** The retirement cost of giving American citizenship to 9 million people will be $2.5 trillion -- and they'll become part of the social security system at precisely the time when it will be strained already by the Baby Boomers.
** The typical immigrant household run by a high school drop-out -- with 60% of the immigrants being college drop outs -- receive an average of $30,000 per year in government benefits. The household pays in about $10,000 in taxes.
** The net cost to the taxpayer of an illegal alien who gets amnesty -- with "net cost" measured as benefits received minus taxes paid in -- is about $500,000.00 over the course of a lifetime.
Certainly, the national security aspect of the amnesty bill is the most disturbing. But it's bad news not just for our security, but also for tazpayers' pocketbooks.
posted by LadybugUSA at 5:29 PM
4 Comments:
The only reason there is a chance this might pass, is all the money big businesses will save on paying lower wages.
This should not be even entertained until the secure the border and enforce the current laws. Their inability to secure the border for 40 some years, gives us a clue to how they won't ever be able to secure Iraq.
Good lord, I must have been here too long. I actually agree with some of ETC's (above) post! However...
Attempts to pass similar legislation during the last session of Congress failed. Support from Pres. Bush couldn't sway Republican opposition to it. Big business was pumping as much money into the matter then as it is now. What has changed, though, is that Democrats now control Congress. It would appear, therefore, that Democrats must be getting pushed by "big business" as well as unions. I thought only those eeeevil Republicans were in the hip pocket of "big business."
Yes, BB, but then there's her first sentence. Thats right, blame Big Business!
Calvin Coolidge said it right. The business of America is business. but lets look at some facts. Today's news brought out the fact that American small business is the worlds third largest economy. The first two are the American and Japanese economies.
Or this fact - no socialist economy has ever thrived. Where would Europe be without America paying their defense bill?
Success is based on incentive. Remove incentive and you have a failed economy. Don't forget that every big business started out as a small business.
Yes there are abuses. This is not due to capitalism, it's due to greed. That's what jails are for.
I know I've said it before, I'll say it again - The most obscene statement ever uttered was:
From each according to his ability to each according to his need (Kark Marx - 1875)
Flomblog,
That sounds deceptively similar to II Corinthians 8:15
"As it is written, He that had gathered much had nothing over; and he that had gathered little had no lack."
The deception comes with the ignoring of other scriptural principles like:
"For even when we were with you, this we commanded you, that if any would not work, neither should he eat." (II Thes. 3:10)
Even in II Corinthians Chapter 8, where some could mistakenly find support for socialist economic theory, there's this:
"For I mean not that other men be eased, and ye burdened ..."
The idea of providing for the needs of others is an honorable one - and one which is fulfilled by no nation more than the United States of America! The problem with socialist economic doctrine is that it attempts to achieve equal results rather than equal opportunity. It punishes the successful to reward the slothful.
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