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Highlands Today

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Supreme Court

Bob Hjort

Published: November 15, 2008

Let's pretend abortions had not been legalized in 1973. Pretend it is 1991 and 18 years after Row v. Wade. Assume 1 million babies had been allowed to live and they are now 18 and entering the work place. I know many will still be in school but the following are conservative estimates. Do your own math using your estimates.
Let's assume they begin work at an average of $12,000. FICA taxes are 15 percent including their employers share. Say the next year another million had been spared execution and begin work and this continues through year 2008. Since government does nothing well (Thomas Jefferson), all the FICA taxes earned nothing.
Since I am an optimist I also consider over this 17-year period that wages and FICA taxes go up on average of 5 percent a year. By the end of 2008 the Social Security Trust Fund will have collected 2.6 trillion more dollars.
Each year the loss to SSA compounds at an alarming rate. Technically five men in black robes robbed the Social Security Administration and have placed the SSA in danger of being depleted. Why are laws not vetted to anticipate their effect on people they are supposed to protect; the unborn, the retiree and each of us? It is because we, a most generous nation are actually worshiping the dollar which is becoming our God. When will we put a stop to the SSA losing $416,017 per day? Not with the judges our president-elect will nominate. Better write your senators right now.
Actually each year has averaged $1,323,530, so the loss is actually $3.2 trillion or $554,689 a day. Will this info change the Democratic platform? Don't hold your breath.
Bob Hjort
Lake Placid