The nation's disability rolls continued to climb sharply, as 76,983 workers enrolled in the Social Security Disability Insurance program in April, according to new data from the Social Security Administration.
More than 300,000 have joined the program so far this year. The number of workers on permanent disability is now a record 8,865,586, a net increase of one million in just three years.
Today, 6.5 workers are on disability for every 100 who have a job. That's double the ratio from two decades ago. The number of people on disability has climbed almost sixfold since 1970.
That influx has caused SSDI costs to climb faster than its dedicated payroll tax revenues. The program has been running a deficit since 2009, and will be insolvent by 2016, according to the program's administrators.
"The Social Security Disability Insurance program is growing at an unsustainable pace," Richard Burkhauser, an economist at Cornell University and an adjunct scholar at the American Enterprise Institute, told a congressional panel.
Last year, the federal government paid $135 billion in disability benefits, which is more money than it devoted to food stamps and welfare combined.Do not be concerned. Your elected, victim loving, bleeding heart leadership has a handle on this. Move on.