Bfgrn
Gold Member
- Apr 4, 2009
- 16,829
- 2,492
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you gotta wonder, where'd the money go? And that goes for both parties. I mean, sure, in a recession spending goes up. But the recession's over. We've brought the folks back from the Iraq debacle.
Obamacare aside, because at least you know it's there and the deficit effect can be measured in the future, but we're SPENDING TWICE AS MUCH NOW AS WHEN SLICK LEFT OFFICE!
We've become an entitlement society, Ben. Foodstamp use is through the roof. People are on unemployment for years. Disability claims have exploded. Now we'll be adding yet another unfunded entitlement program in ObamaCare. If you think we're spending a lot now...just wait until ten years from now when the real costs of this health care "reform" become apparent. We're either going to see huge tax increases to cover this stuff or we'll see massive additions to the national debt and subsequent downgrades of our credit rating.
Disability claims are rising due to demographics. But if you need to blame a president, then Ronald Raygun is your man.
Social Security Disability Enrollment Rising Due To Demographic Trends: CBO
CBO - Policy Options for the Social Security Disability Insurance Program
http://www.cbo.gov/sites/default/files/cbofiles/attachments/43421-DisabilityInsurance_screen.pdf
"The study, by the nonpartisan Congressional Budget Office, found that the biggest jumps in the disabled population came from aging Baby Boomers. From 1996 through 2009 -- "the approximate period during which the baby-boom generation entered their 50s -- the share of disabled worker benefits awarded to older workers (age 45 and older) rose from 67 percent to 76 percent," the report said.
Meanwhile, the share of benefits going to younger workers -- between the ages of 25 to 44 -- fell from 31 percent to 22 percent.
"Baby boomers' aging would have boosted enrollment in the DI program even if no other factors had changed," the report said.
Add to that the fact that more women have entered the workforce since 1970, boosting the working population and creating a larger pool of people who can become disabled.
A change in the law during the Reagan administration that allowed more people with mental disabilities and musculoskeletal problems to qualify also increased the number of people on disability. In 1990, such people accounted for 38 percent of workers in the SSDI program. In 2010, the number had risen to 54 percent."