Elderly Population To More Than Double By 2050
Good thing our political leaders decided to give them all “free” prescription drugs.
WASHINGTON - Rapid growth in the nation’s older population is likely to put huge pressure on the cost of government safety-net programs, even though the rise of immigrants is helping to increase the total of working-age people, a report said.
The Pew Hispanic Center found that the faster growth in the older population means costs per worker for programs that help seniors and children under 17 will go up.
Taxes paid by the working-age public help pay the costs of programs like Social Security and Medicare, and programs for children. While immigration is padding the totals for that working-age population, the aging of baby boomers is outpacing other groups.
The report also found that the immigrant population is the major factor in population growth, especially Hispanics, who are projected to make up about 30 percent of the population by then.
No clue is given in the article as to whether or not the statistics referring to immigration and the Hispanic population includes illegal immigration and illegal immigrants, but the subtext here is clear: If we stem the flow of illegal immigrants we won’t have enough workers to fund entitlements for the elderly.
Which is just about the most ridiculous argument I’ve ever heard. Maybe, just maybe, we should be asking ourselves why we’re taxing working Americans to death to pay for entitlements for people who are perfectly capable of taking care of themselves.
My parents are moderately wealthy. They own a big home, they each have substantial pensions and significant investments. Yet they’re both eligible for Social Security payments and Medicare entitlements that I, as a lower middle class American, am funding.
Why does anyone think that’s fair? I’m all for helping people who legitimately cannot help themselves, but again: why are we funding enormous entitlement programs for people who don’t need them?













