The United States will need 7 million migrants to cover old age support programs for baby boomers - eviltoast

The country’s aging population and low fertility rate jeopardizes the solvency of Social Security and the Medicare program, according to a new study by Brookings

The immigration crisis  has become a recurring theme in social gatherings and political debates, and is the main issue of the U.S. presidential election. Amid this discussion, one certainty stands out: while it’s well known that migrants have a need to live in the United States, a study has highlighted that the country needs them too.

Twenty percent of U.S. workers were not born in the United States, and it is expected that in the near future more than seven million more migrants will be needed for the labor market. That’s according to a study by Brookings, which warns about how the higher-than-expected increase in pensioners following the Covid-19 pandemic will affect the U.S. economy.

As the baby boomer generation approaches age 80, two challenges are facing the U.S. economy: providing staff to care for the elderly and ensuring the solvency of Social Security and the Medicare program.

  • Coffee Addict@lemmy.world
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    5 months ago

    According to this 2022 YouGov poll, respondents over the age of 65:

    • 31% want to provide a path to citizenship for illegal immigrants.
    • 22% support increasing the number of legal immigrants vs 36% who want to decrease the number of legal immigrants. 42% either want no change or are not sure.
    • 61% think that immigrants detained at the Mexico border are being treated humanely.

    Overall, it looks like the plurality (42%) of Americans believe immigration has made the U.S. better. A minority (25%) of Americans believe immigration has made the US worse, and less than that (16%) believe it has not made much of a difference.

    So for boomers specifically, it looks like around two-thirds are digging their own grave here.