The Good News Is, Americans Know Firsthand

The Reality Is That The Workforce Relative To The Number Of People Retired Has Shrunk And Today In America There Are Only 3.3 Working Americans Paying Payroll Taxes To Support Each Individual Currently Retired And Collecting Social Security Taxes.

As I Think All Americans Understand On Both Sides Of The Aisle, The Social Security System As It Is Structured Today Is A Pay-as-you-go System.

But With A Rate Of Return Of 1.6 Percent Or Less, Or A Negative Rate Of Return, Our Children And Our Grandchildren, If We Do Not Make Changes, Will In Fact Not Have A Secure Retirement. Indeed, They Will Not Have The Funds When They Go To Retire To Even Minimally Get By.

For Example, In My Own State Of Arizona, An Israeli Scientist Is Working With An Arizona Company On A Demonstration Project Involving A Very Fast-growing Algae Which Can Be Used To Power A Biomass Energy Plan.

Most Previous Immigrants Came To The United States To Become Americans, With No Intention Of Returning Home. They Relinquished Their Ties With Their Homeland. English Was Their Key To Prosperity, And They Worked Hard To Master It.