America growing, paying retirement benefits

The U.S. population could top 300 million this week, but as of yet there aren’t any plans for bell clanging and a celebration speech in Washington, D.C., as Lyndon Johnson did in 1967 when we passed the 200 million mark. Maybe that’s because of the concern many people have about illegal immigration. Immigrants — both legal and illegal — account for nearly 40 percent of our population growth. But shutting off the immigrants could result in flat rate growth such as what Europe and Japan have, and that would create a serious crunch in Social Security and Medicare.
Posted by Angie Holladay