Why baby boomers need immigrants to fund their retirement, in 2 charts [vox.com]
The Social Security system is in trouble. It’s not just a future problem; America’s retirement insurance program is in trouble now. The federal government will start dipping into its Social Security savings account this year to help pay retirement benefits to millions of Americans. In 2018, the federal government expects to receive about $2 billion less in payroll taxes and investment income than it will need to pay workers through the Old-Age, Survivors, and Disability Insurance program. If...