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Greg Siskind on Immigration Law and Policy

NO-MATCH RULE COULD WREAK HAVOC WITH SOCIAL SECURITY SYSTEM

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The Social Security Trustees have released a new report showing that illegally present immigrants paying in to the Social Security system have had a substantially positive impact in cutting the deficit in the Social Security system. As the White House pushes to get a Social Security no-match rule released, has the President leveled with the American public on the impact of taking millions of workers' payroll taxes out of the system?

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  1. George Chell's Avatar
    Perhaps it is time for the Democrats to once again demagogue social security, making it once again the third rail of American politics...scare the hell out of the seniors. After all the GOP has been demagoging race for nearly a half a century.
  2. George Chell's Avatar
    There is already a much more devastating consequence for social security from the current status quo which the federal government does not want to talk about...jobs moving abroad due to lack of visas for skilled immigrants. Even if Americans are asked to move with the jobs to Singapore, these employees abroad although US citizens no longer pay into our social security as long as they stay out of the country for eleven out of twelve months a year and pay taxes in a foreign country. For example, let us take an example..Procter and Gamble. They decided that as a result of the unavailability of the skilled immigrant visas, they move about hundred jobs abroad including 50 Americans transferred to Hong Kong. As long as the fifty Americans dont return to the country for more than 30 days in a twelve month period, they dont pay social security in the US...a loss of revenue..plus there is a loss of another fifty jobs moving abroad and employing foreigners who if employed in the US would have paid social security here. Assuming each individual would have paid $20,000 in social security per year, that is a loss of $2 million from just one corporation moving an unit abroad. Unfortunately, economists who make the argument that wages go up for Americans if foreigners are not employed such as George Borjas of Harvard and Vernon Briggs of Cornell are simply being intellectually dishonest..and as far as the GAO and CBO due to political pressure they do not want to touch this issue although the results are pretty evident.
  3. Another voice's Avatar
    I think the Social Security funds grow at a rate of $7 billion annually in un-match contributions by these immigrants and it has accrue a grand total of over $100 billion over time I say that would help the short coming s of the SS funds. But the Match rule will cut into that, I guess they will just have to cut benefits or raise taxes in a time of recession.
  4. hmm's Avatar
    Well, this is one obvious reason to do nothing about illegal immigrants. They pay payroll taxes and almost never get anything back. Same goes for temporary workers: the longer they have to wait for a green card, the better chance is that they leave and never claim their social security benefits. Of course, the Government knew this all along. A workable immigration system costs lots of money, why bother? Sounds cynical, but it is the truth.
  5. Ali's Avatar
    The $13 billion illegal aliens are estimated to contribute to SS are nothing compared to the more than $516 billion the system pays out every year. Remember, too, that in displacing Americans from jobs, illegal aliens are also displacing their contributions which would likely be higher if illegal aliens weren't driving wages down.
  6. Ali's Avatar
    George Chell wrote:"Unfortunately, economists who make the argument that wages go up for Americans if foreigners are not employed such as George Borjas of Harvard and Vernon Briggs of Cornell are simply being intellectually dishonest..and as far as the GAO and CBO due to political pressure they do not want to touch this issue although the results are pretty evident."

    Actually, George, the concept of supply and demand is pretty well established in economics, and it's you who are being intellectually dishonest. Labor is a good much like any other, and wages are the price that employers pay. When the availability of labor goes up, wages go down. And vice versa. But unlike goods, when we import workers, we also import human beings and their families and the attendant responsibilities. Now, if Procter and Gamble were willing to bring skilled workers in immediately on green cards, instead of under "guest worker" visas, they might have a case, because workers could compete freely and fairly in the US labor market from the start. However, P&G, like other companies, prefers to have indentured "guest workers". Bill Gates and company aren't pushing for expansion of the green card program and improvements in processing to speed the cards up. Instead, they're pushing for yet more "guest workers".
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