Disability: The Obama recession is alive and well
Taxpayers got another piece of bad news about the Obama economy with the report that the number of workers receiving federal disability payments nationwide now exceeds the individual populations of 39 states.
Many disability payments are justified when a worker can no longer perform work done previously or cannot adjust to other work because of a medical condition. Nevertheless, evidence is mounting that the growth in the Social Security Disability insurance program is outpacing job creation and now serves as a substitute for employment.
In June, the economy created 80,000 jobs. In the same month, 85,000 workers left the work force and enrolled in the disability program.
The figure for June was no fluke. The Senate Budget Committee reports that more people enrolled in the disability program than found jobs in the whole second quarter of this year (April through June).
President Obama warns that the nation could slip into recession without more government borrowing and spending. A glance at the number of workers taking refuge in disability shows that the Obama recession is alive and well. It never ended.