The rapid rise in the number of Americans applying for and entering the Social Security Administration disability program has cost an estimated 0.6% of national output since the start of the recession, representing roughly $ 95 billion annually in lost economic growth. Each month, 14 million Americans receive some form of disability check, costing taxpayers an estimated… Read more »
Posts Tagged: Disability
Workers Stuck in Disability Stunt Economic Recovery
The unexpectedly large number of American workers who piled into the Social Security Administration’s disability program during the recession and its aftermath threatens to cost the economy tens of billions a year in lost wages and diminished tax revenues. Source: WSJ.com: Politics And Policy
Figures. Obama Puts 5 Million Americans on Disability Then Can’t Pay For Them
In March 2013, a record 8,853,614 Americans were collecting disability. Since Barack Obama became president in January 2009 over 5.7 million Americans were put on disability. It’s just too bad he can’t pay for them. The federal Disability Insurance Trust Fund has run in the red the past four years. CNS News reported: The federal… Read more »
8,853,614: Americans on Disability Hits Another Record; Exceeds 3x Population of Chicago
By: Terence P. Jeffrey President Barack Obama (AP Photo/Eric Gay) read more Source: