by John Ruskin
Robert Rector, a senior research fellow at the Heritage Foundation has run the numbers and can prove that the U.S. Social Security system will go bankrupt if the amnesty bill passes.
According to Rector, if the bill is signed into law, it will "add millions of additional workers to the Social Security rolls, resulting in approx. $300,000 in retirement benefits for each new amnestied worker."
If a conservative estimate of nine million adults join the system, that would result in a total cost of $2.5 trillion for all the new beneficiaries. A sum that will most certainly crash the Social Security System at exactly the time that Social Security is already going bankrupt.
Of course, the members of Congress don't really really care because these costs won't hit for another 10 to 15 years. Sort of the way our Illinois lawmakers don't care about the long-term consequences of providing legal identification for the illegals currently living in Illinois.
On the bright side, perhaps the bankruptcy of the Social Security system will finally prove to Americans that big government and the great society have run their course - and failed. Unfortunately, it is going to be a painful lesson for a lot of us.
