How many dollars flow to disability in the U.S.?
Payments have increased 32% since 2008 to $140.1 billion.
The total number of people in the United States receiving federal disability benefits is 10.9 million.
Showing posts sorted by relevance for query disability. Sort by date Show all posts
Showing posts sorted by relevance for query disability. Sort by date Show all posts
Thursday, January 15, 2015
Saturday, December 8, 2012
God bless the printing money machine
God bless the printing money machine
Benefits for not working:
Food stamps:
45.8 million people, 15% of the U.S. population
Average food stamp benefit was $133.80 monthly per person
Total full-year cost = 73,536,480,000
Disability payments:
10.7 million people
The average monthly benefit payment was $1,190
Total full-year cost = 152,796,000,000
Unemployment insurance:
The total number of people claiming
benefits in all programs for the week
ending November 17 was 4,959,240
The average weekly benefit payment was $376.
Total full-year cost= 95,931,538,560
Benefits for not working
are increasing the incentive not to work.
Number of Social Security Beneficiaries
55,404,480
The average monthly Social Security benefit
for a retired worker was about $1,230 at the
beginning of 2012.
Total full-year cost =817,770,124,800
Benefits for not working:
Food stamps:
45.8 million people, 15% of the U.S. population
Average food stamp benefit was $133.80 monthly per person
Total full-year cost = 73,536,480,000
Disability payments:
10.7 million people
The average monthly benefit payment was $1,190
Total full-year cost = 152,796,000,000
Unemployment insurance:
The total number of people claiming
benefits in all programs for the week
ending November 17 was 4,959,240
The average weekly benefit payment was $376.
Total full-year cost= 95,931,538,560
Benefits for not working
are increasing the incentive not to work.
Number of Social Security Beneficiaries
55,404,480
The average monthly Social Security benefit
for a retired worker was about $1,230 at the
beginning of 2012.
Total full-year cost =817,770,124,800
Thursday, August 1, 2013
Rebuilding ladders of opportunity
Rebuilding ladders of opportunity
Economists estimate the economy created 185,000 jobs in July, according to a Bloomberg survey.
The Commerce Department reported that the economy, adjusted for inflation, expanded at annual rate of 1.7 percent in the April-June quarter,
12 million unemployed Americans are looking for work.
Nearly 48 million Americans have a disability (10.7 millions with payment)
The number of workers in part-time jobs in U.S.is 8.5 million.
13.205.000 million people hold two full time jobs with no benefits in the U.S.
Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives.
Economists estimate the economy created 185,000 jobs in July, according to a Bloomberg survey.
The Commerce Department reported that the economy, adjusted for inflation, expanded at annual rate of 1.7 percent in the April-June quarter,
12 million unemployed Americans are looking for work.
Nearly 48 million Americans have a disability (10.7 millions with payment)
The number of workers in part-time jobs in U.S.is 8.5 million.
13.205.000 million people hold two full time jobs with no benefits in the U.S.
Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives.
Sunday, April 6, 2014
Why nobody wants to work anymore.
Why nobody wants to work anymore.
Because of slower-moving demographic factors.
Because of poor work incentives created by public policies.
Because of inadequate schooling and training.
Because it is much easier to receive federal disability payments.
Because of globalization and technological change.
Because of slow wage growth for low-skilled workers.
Because of a decrease in aggregate demand.
Because of the Federal Reserve is using an aggressive "quantitative easing" monetary policy.
Because of the extension of unemployment insurance.
Because of the Social Security payroll tax on older workers.
Because of slower-moving demographic factors.
Because of poor work incentives created by public policies.
Because of inadequate schooling and training.
Because it is much easier to receive federal disability payments.
Because of globalization and technological change.
Because of slow wage growth for low-skilled workers.
Because of a decrease in aggregate demand.
Because of the Federal Reserve is using an aggressive "quantitative easing" monetary policy.
Because of the extension of unemployment insurance.
Because of the Social Security payroll tax on older workers.
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