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Social Security Disability leads to life of dependancy

According to Newsmax.com, the number of people receiving Social Security disability benefits have increased to the point that the system is going broke.

Excerpt:

Federal funding from other sources, including incoming payroll taxes, covers 79 percent of disability insurance payments, which average $1,111 a month. But that leaves 21 percent uncovered if the disability insurance fund runs out of money.

 Nearly 11 million Americans currently receive disability benefits and last year the program cost taxpayers $132 billion — more than the combined annual budgets of the Departments of Agriculture, Homeland Security, Commerce, Labor, Justice, and the Interior.

One in 18 workers receive disability payments from Social Security. The Social Security Administration will run out of money for disability at this rate in about 4 years in 2016.

Excerpts:

The disability rolls have grown 23 percent since 2007, in large part because of the bad economy. Unemployed Americans who exhaust their unemployment benefits have been seeking disability benefits for assistance.

The disability program formerly benefited people with debilitating conditions such as strokes and cancer. But Congress expanded the benefits pool to include such claimed ailments as depression, back pain, and chronic fatigue syndrome.

The program allows disabled workers to switch to Medicare after two years regardless of whether they are 65 years old or not! This leads to low-income workers without insurance trying to get disability and they remain in the program once they qualify for these benefits.

Excerpt:

Disability status also makes recipients eligible for food stamps and other benefits. Fewer than 1 percent of those who start collecting benefits return to work.

Really?  

Congress could curb spending on the program by demanding more aggressive screening of applicants and more incentives for them to go back to work. Until then, disability under Social Security, with poor incentives to leave the system, results in high costs and an unsustainable future.

 

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63 Comments

  1. snuss

    So tell me, JRM, do the computers come out and arrest you, if the books don’t match up? Not if your name is Tim Geithner, Tom Daschle, or Charlie Rangel.

  2. wilson

    JRM, you are a mind reader besides being so full of yourself. So computers come to your business and confiscate your records? So they don’t have auditors meet with you, instead you talk to HAL? In addition, did I use the words audit? (read my mind) So as they beef up their policing I am sure there are no IT developers being hired, server admins etc.
    You really are an oxymoron, call yourself commonsense, but have none.

    21% increase IT, 7.59% increase enforcement

    http://www.irs.gov/pub/newsroom/budget-in-brief-fy2013.pdf

  3. JRM_CommonSense

    Thanks Wilson, you just proved my point….. Figure it out!

  4. wilson

    I just did, go look in the mirror you will see the (quoting you) the MORON. In the mean time go soak that swollen head of yours.

  5. JRM_CommonSense

    Wow, great come back. When all else fails, call names and make snide remarks. You have taken your lessons from SNuss really well. However, you still need to read the link you used as your defense for the IRS having to hire a large amount fo people for ACA tax implications. Hint, footnote 2 tells you where to look. However, I fully expect you to continue your name calling approach to proving your point because that is the only defense you have. Keep chirping away with your boogeyman, chicken little appraoch to reality. It is amusing! SNuff said to you!

  6. wilson

    “God what a moronic comment” I guess you can dish it out, but you can’t take it.

  7. Maybe it would be best if we looked at Amish communities. They pay taxes, but I don’t believe they are a burden to the government. Generally, these are self-sustaining communities that take care of each other through all situations.

    One person’s loss is a loss suffered by the entire community. A fire ~ the community rebuilds, a death ~ the community assists, purchases are made with cash ~ no credit. They have their own schools and provide for those qualified for higher education.

    By no means an easy life, but at least they care for each other. Is there a Mayberry out there anywhere?

  8. wilson

    Angie,
    Years ago people did help each other and you still see some of that in the south. Last time in Rockford I was shocked by the drivers, no regard for anyone but themselves. Go to the East coast and you’ll quickly see it is all about ME. They drive like lunatics and no one returns their shopping carts, to them it is easier to leave it behind the car next to them and the cart return can be just as close. I am afraid civility is becoming a scarce commodity and I seeing it only becoming scarcer.

  9. Wilson ~ I have to agree with you.

    I don’t believe people will ever reach out to help one another until everything is lost and no one has anything. Even then if the mindset is still “it’s all about me” then we are doomed to repeat.

    How sad:(

    Mayberry is gone forever!

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