Wednesday, March 25, 2009

Runaway Train

Speaker of the House Nancy Pelosi tells an audience comprised in part of illegal aliens that they are patriots and those who want immigration laws enforced are "unAmerican." If you think this sounds perverse you're not alone:

Now no one will ever mistake Ms Pelosi for either a deep thinker or a stateswoman, but her shameless pandering and blithe acceptance of a flood of illegals pouring into the country, imposing enormous burdens on communities and sucking up jobs while many Americans are losing theirs, reveals what I think is a secret among the political cognoscenti that no one is really talking about.

Why do so few in government care to stop illegal immigration despite the violence, crime and economic stress it's imposing on many of our cities and towns? Perhaps it has to do with the parlous future of social security and medicare. Quite simply, neither of these programs is sustainable. They're ponzi schemes built on the assumption that the workforce and economy will continue to grow, but that assumption is very doubtful. The economy looks to be entering a period of stagnation that could last well into the foreseeable future while at the same time boomers are moving into their retirement years, and the population of taxpayers paying into these systems is diminishing. This confluence makes the collapse of social security and medicare seem inevitable. Without an influx of workers both systems will be bankrupt within a decade or so, and that was before the Obama administration piled trillions of dollars of debt on the backs of a dwindling number of taxpayers.

To get an idea of the magnitude of the debt problem, by the way, see this.

At any rate, a growing population is thought by many to be our only hope of deferring calamity for a couple of generations, and the only way our population is going to grow is to let in millions of immigrants. Our irresponsible fiscal and monetary policies have put us on a runaway train that's hurtling downhill. About all we can do to slow it down a little is drag our heels by opening our borders and essentially stretching Mexico's boundary northward to Canada.

Great solution. I guess we better hope that those illegal immigrants are indeed patriots because if Washington has its way we're going to have a lot of them.

RLC