Real Texas Freedom

Friday, January 26, 2007

BABY BOOMERS INSIGNIFICANT

BABY BOOMERS INSIGNIFICANT

According to the U.S. Census Bureau, the U'S. population topped 300 million January 26th. The Bureau's Historical National Population Estimates - July 1, 1900 to July 1, 1999 reported in 2000 that the population in 1946, the beginning of the WWll Baby Boomer growth, was 141,388,566. In 1956, the end of the boomer period, the population was 168,903,031, an increase of 27 and 1/2 million. Where does the regularly published figure of 78 million baby boomers come from? Lobster claw regeneration or cellular division? Many of the 27 1/2 million are dead. Many never fulfilled their 10 year work requirement to obtain eligibility for SS.
The 300 million figure is a result of normal population growth, economic growth, immigration and other factors, not baby boomers. Semantics can't hide the efforts to destroy the SS system and place eligible beneficiaries in the poverty category.
The payroll tax may be the best way to keep employers from passing the cost on to consumers but it belongs to eligible SS recipients only. The government needs to find another way to fund itself. With a projected national debt of 11 trillion dollars, much of it owed to current SS eligibles, not SSI recipients or other retirees, only the truth should prevail. Robbing the elderly won't solve long term economic problems. The elderly deserve what they paid for NOW.

1 Comments:

At February 13, 2010 at 1:55 PM, Blogger oldamerican said...

Sam, you're right. The real problem is that our money boys care about nothing but their personal fortunes.
Income taxes are silly because only those with recorded earnings pay them. Inheritance taxes made many family-owned companies ripe for foreign takeover. China has a Value Added Tax (VAT) that rewards exports and penalizes imports. Don't buy anything foreign made unless you absolutely must have it.
Greed should not be a substitute for God.

 

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