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Re: 2.2 Million Go On Disability Since Mid-2010; Fraud Explains Falling Unemployment Rate; Will Higher Disability Taxes Fix the Problem?

By: ribit in ROUND | Recommend this post (0)
Sun, 06 May 12 8:36 PM | 45 view(s)
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Msg. 40952 of 45651
(This msg. is a reply to 40947 by capt_nemo)

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capt
...what ya have here is a whole bunch of folks who have decided to go on the dole forever and ever amen. Some don't want to work at all the some don't want to work and have everything taken in taxes to support somebody else. Atlas isn't "shrugging". He's giving the finger!




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!


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The above is a reply to the following message:
2.2 Million Go On Disability Since Mid-2010; Fraud Explains Falling Unemployment Rate; Will Higher Disability Taxes Fix the Problem?
By: capt_nemo
in ROUND
Sun, 06 May 12 8:42 AM
Msg. 40947 of 45651

Since mid-2010, precisely the time millions of US citizens used up all of their 99 week of unemployment insurance, disability claims have risen by 2.2 million. Those on disability are not counted in the workforce and are not considered unemployed.

Please consider Disabled Americans Shrink Size of U.S. Labor Force

The number of workers receiving Social Security Disability Insurance (SSDI) jumped 22 percent to 8.7 million in April from 7.1 million in December 2007, Social Security data show. That helps explain as much as one quarter of the decline in the U.S. labor-force participation rate during the period, according to economists at JPMorgan Chase & Co. and Morgan Stanley.

The participation rate -- the share of working-age people holding a job or seeking one -- was 63.8 percent in March after falling

http://globaleconomicanalysis.blogspot.com/2012/05/22-million-go-on-disability-since-mid.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29


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