Why? US Disability Beneficiaries Now Exceed 11 MillionSubmitted by Diamond Dog on Sat, 06/21/2014 - 09:13
By John Merline, INVESTOR'S BUSINESS DAILY
The number of Americans now on the Social Security Disability Insurance (SSDI) program topped 11 million in May, a record high and an increase of 18% since January 2009, according to new data from the Social Security Administration, furthering a trend that will have severe economic and budget consequences.
More than 5.2 million workers have enrolled since President Obama took office, and enrollment is climbing faster under Obama than at any other time in the program's history.
An average 81,000 workers joined the Social Security disability program each month during Obama's years. Under President Bush, monthly enrollment averaged 66,000, and the overall average since 1975 is 52,000.
While there is debate about the exact causes of the swelling ranks of workers on disability, it's clear that the sluggish economic recovery under Obama played an important role.
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