Saturday, February 07, 2004

A large cohort leaves the workforce. The jobs of those retirees open-up. Assuming the retirees made more the the hirees, then the difference must go somewhere. Could it be used to hire more people? If the retiree was making 100K and paid only 6K in payroll taxes, two earners making 50K each would pay 7.5K. This situation would increase entitlement revenues.

IF we are not going to have enough workers to fill those jobs, then wouldn't we need to allow more immigrants?

I am going to contiune to explore reasons that the Boomer retirement could have an opposite result of the demographic catastrophe being parroting throughout this country.

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