Longtime reader and commenter Kevin M has a new blog, and a recent post makes an excellent point: disability claimants have soared under Obama:
President Obama likes to talk about all the jobs “created” by his administration since the recession ended in June 2009, but he clearly does not want to talk about the Disability caseload he has also created. As of April 2012, the number of added Disability claims was more than twice the number of added jobs, 4.7 million versus 2.3 million respectively. The rate has been climbing with respect to the workforce for a generation, but has accelerated recently as the workforce has declined.
Some of this is SSI Disability for (legal) workers who don’t have the required work credits to qualify tor Social Security, mostly people in the underground economy. While the amount paid by SSID isn’t much ($674), people who DO qualify for Social Security proper can get payouts exceeding $3000 per month if they have no other income or assets. These payments are for the duration of the disability, which is mostly always until Social Security proper kicks in.
Interesting. Go to Kevin’s blog for more, including source links.