2 votes

Number of people receiving federal disability now exceeds the entire population of New York City

Add in the 40 million people receiving food stamps and Obama is officially the biggest welfare president ever!

"A record of 8,733,461 workers took federal disability insurance payments in June 2012, according to the Social Security Administration. That was up from 8,707,185 in May.

It also exceeds the entire population of New York City, which according to the Census Bureau's latest estimate hit 8,244,910 in July 2011.

There has been a dramatic shrinkage in the United States over the past 20 years in the number of workers actually employed and earning paychecks per worker who is not employed and is taking federal disability insurance payments.

In June 1992, according to the Bureau of Labor Statistics, there were 118,419,000 people employed in the United States, and, according to the Social Security Administration, there were 3,334,333 workers taking federal disability payments. That equaled about 1 person taking disability payments for each 35.5 people actually working.

When President Barack Obama was inaugurated in January 2009, there were 142,187,000 people employed and 7,442,377 workers taking federal disability payments. That equaled about 1 person taking disability payments for each 19.1 people actually working.

In May of this year, there were 142,287,000 people employed, and 8,707,185 workers taking federal disability payments. That equaled 1 worker taking disability payments for each 16.3 people working.

The federal disability payments made to the record 8,733,461 workers in June averaged $1,111.42.

Only 11 states--California, Florida, Georgia, Illinois, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Texas—have populations in excess of the 8,733,461 workers who took disability payments in June."


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You're right,

they are giving out those benefits as though they were candy, and setting the stage for the utimate financial bubble & crash. This bursting bubble will reduce millions to poverty, spell the end of our way of life, and threaten this nation’s very existence. Washington and Wall Street have recklessly pushed the United States into the greatest financial bubble in American history. This time the Fed doesn't have to raise interest rates: this ultimate financial bubble is government assistance; social security, food stamps, VA benefits, unemployment, etc - in other words, increased dependence on the government like never before in history, and the system will burst under its own weight. Government assistance programs will crash and destroy most of the wealth Americans have left; leaving people to live in their vehicles, in boxes and tents, or whatever they can find, and to give up custody of their children to state foster care, as is happening in Greece already. It will drive millions of American families into the nightmare of poverty, homelessness, and a grim dependence on government bureaucrats — the same leaders that got us into this mess. In the worst-case scenario, you could see soaring crime, the confiscation of your private property, and even the suspension of your civil rights. Sadly, these facts have gone virtually unreported in the mainstream media. This was planned decades ago and has been implemented over the years, but it will dwarf every financial catastrophe the world has ever seen. The 1% will finally own and control the 99% lock, stock, & barrel.

1980's - savings and loan bubble & crash
1990's - tech stock bubble & crash
2000's - housing bubble & crash
2010's - government assistance programs bubble & crash

The disability system is plagued fraud!

The disability system is this country is plagued with unbelievable Fraud!

I can't tell you how many young people I've run into over the last few years, ..when asked what do you do for a living? They all of a sudden act all sick and hurting like. The most common phrase I hear is "OH, I’m disabled, I have a bad back"!

I'm usually quite shocked, because they’d been moving around and acting as though nothing was wrong with them. If you didn't bother to ask, you'd never have known.

And every one of them was on social security. They appear to be giving out those benefits as though it were cotton candy.

The Winds of Change!