Jan 21, 2013 Comments Off Toro520
Via CNS News:
(CNSNews.com) – During President Barack Obama’s first term, the number of Americans collecting federal disability insurance increased by 1,385,418 to a record 8,827,795.
As a result, there is now one person collecting disability in this county for every 13 people working full-time. Forty-two years ago, in December 1968, there were 51 people working full-time in this country for each person collecting disability.
In January 2009, the month Obama was inaugurated, there were 7,442,377 Americans collecting federal disability insurance, according to the Social Security Administration. By December 2012, the latest month reported, there were 8,827,795 collecting disability, an increase of 1,385,418. With 115,868,000 people working full-time in December, according the Bureau of Labor Statistics, there was 1 person collecting disability for every 13 people working full-time.
In the comparable period of George W. Bush’s first term—January 2001 through December 2004—the number of people taking disability went from 5,052,895 to 6,197,664, an increase: 1,144,769.
In the comparable period of George W. Bush’s second term–January 2005 through December 2008–the number of people taking disability went from 6,219,666 to 7,427,203, an increase of 1,207,537.
Back in January 2001, there was one person collecting disability for every 23 full-time workers; by December 2004 there was one person collecting disability for every 19 full-time workers; and by December 2008, there was one person collecting disability for every 16 full-time workers.
Forty-two years ago, in December 1968, 1,295,428 Americans collected disability and 65,630,000 worked full-time. Thus, at that time, there were about 51 Americans working full-time for each person collecting disability.