Tag: immigration
With Americans having fewer children and the baby boomer cohort rapidly retiring, it has been immigrants who have been shoring up the U.S. workforce. According to the Migration Policy Institute, U.S. Census data show that – from 2000-2022 – the number of U.S.-born residents of prime working age (25-54) grew by just 2.9 million, while t…
Are the Social Security Trustees too optimistic? The 2025 Social Security Trustees Report confirms what has been evident for almost three decades – namely, Social Security is facing a 75-year financing shortfall that currently equals 1.3 percent of GDP. And, if no action is taken before 2033, the depletion of reserves in the retirement trust…
