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Social Security Solvency and Offshore Job Loss [View All]

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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-28-05 05:02 PM
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Social Security Solvency and Offshore Job Loss
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It seems to me that the very first step toward protecting the solvency of the Social Security System would be to stop the loss of contributing workers. Every job sent off shore is one less person paying into the system and as a pay-as-you-go system it is essential to maintain the incoming cash flow. You can't do that if the job has moved to China.

So if there's to be some legislation to save Social Security my vote goes to starting with keeping the jobs that pay into the system right here in the where they CAN contribute to the system.

We'll worry about raising the ceiling for contributions after that and maybe the minimum withdrawal age after that, but lets start the discussion at the root of the problem.
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