Friday, October 26, 2012

American Workers Collecting Federal Disability Hits Another Record High


(CNSNews.com) - The number of American workers collecting federal disability insurance benefits hit yet another record high in October, according to the Social Security Administration.
This month 8,803,335 disabled workers are collecting benefits, up from the previous record of 8,786,049 set in September.
In February 2009, the first full month after President Barack Obama took office, there were 7,469,240 workers collecting federal disability insurance. Thus, so far in Obama’s term, the number of workers collecting disability has increased by 1,334,095. That works out to a net increase of about 29,646 per month (1,334,095 divided by 45 months), or an average increase of about 975 per day (1,334,095 divided by 1,369 days).
During George Bush’s eight years as president, the number of workers collecting federal disability insurance increased by 2,375,258, rising from 5,067,119 in February 2001 to 7,442,377 in January 2009. That equaled an average net increase of about 24,742 per month and 813 per day. In Bush’s second term alone, the number of workers on disability increased by 1,198,575, equaling an average monthly increase of about 24,970 and an average daily increase of about 820.

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