Thread: The strongest economy in the world
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Old 09-06-2006, 12:51 PM   #32 (permalink)
Milkman
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Quote:
Originally Posted by Marmite the Dog
The biggest problem the US ecomony faces is its aging population and the huge welfare bill. This is what will bring the economy to its knees within the next 30 or 40 years, not some two bit fracas in the Middle East.
You know who agrees with Marmite?

Alan Greenspan.

He's very carefully stated the ramifications of this.


The S.S ratio is about 3 : 1

But the real problem is the medical care. Medicare is a train crash.


Illegals:

Illegals will have no effect on the S.S. ratio and coming insolvency, and the Medicare and addiontal medical costs.

More of them will pay more in taxes.

But this is a drop in the bucket.
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