Econ Love

[contingentbryan]

Ahh the media.  No offense to those that labor in the information game, but seriously, please stop quoting statistics that are actually good as bad things.  For instance, this article on MSN NBC:

Census shows a widening gap among Americans
http://articles.moneycentral.msn.com/News/CensusShowsAWideningGap.aspx?GT1=8506&wa=wsignin1.0

Maybe MSN.

Comments

[guessworktheory]

Awesome.

Could you explain this further: "illegal immigrants contribute millions to Social Security that they will never collect"?

[contingentbryan]

Basically, because you need a Social Security number to work in the US, illegal's forge them. Each paycheck they get, some is taken out for Social Security, just like it is for everyone one else. But, they won't be around to collect, either because they go back home or because their SS card is fake so they can't without being detected. The New York Times reports that illegals contribute $7 billion dollars a year. Obviously, it is worth a lot to imigrants to get the opportunity to work in the country. Not only are the spending this money in the form of forging SS cards, but they're also spending money to human trafficers. Why not just say, "Hey, you want to work here, pay us $3000 a year." We still get the money and the labor and human trafficers are out of business