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Social Security Disability Insurance fund running dry

June 2, 2013 by Jeff (ILoveCapitalism)

A record 10.98 million Americans are on disability (SSDI). We’ve gone from 51 full-time workers for each one on disability in 1968, to a mere fourteen!

According to Richard Finger at Forbes, 5.9 million recipients have been added under Obama alone – a majority, and more than his 2.5 million jobs created. Finger says the list of qualifying ailments has been expanded almost to the point of meaninglessness.

I also read that the Disability Trust Fund is expected to run dry by 2016. Coincidence? [1]

And what are the odds that, if Obama gets around to dealing with this, he will propose higher taxes?

([1] Tongue in cheek. Some leftists might not see the causality, but anyone who understands math, ought to.)

Filed Under: Big Government Follies, Economy, Obama Incompetence, Socialism in America Tagged With: Big Government Follies, Obama, Obama Incompetence, Social Security Disability Insurance, Socialism in America, ssdi

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