Sunday, July 8, 2012

The Economy Has Been Disabled

Moonbattery » Under Obama, Disability Claims Have Outpaced Job Growth: "At least our socialist rulers have found a way to ease the unemployment they’ve caused. After a couple of years, when your unemployment comp finally runs out, you can just claim disability. It’s so easy, practically everybody’s doing it:
The economy created just 80,000 jobs in June, the Bureau of Labor Statistics reported Friday. But that same month, 85,000 workers left the workforce entirely to enroll in the Social Security Disability Insurance program, according to the Social Security Administration.

The disability ranks have outpaced job growth throughout President Obama’s recovery. While the economy has created 2.6 million jobs since June 2009, fully 3.1 million workers signed up for disability benefits.

In other words, the number of new disability enrollees has climbed 19% faster than the number of jobs created during the sluggish recovery."