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Disability claims skyrocket: Here's why - Apr. 11, 2013 - 10 views

money.cnn.com/...disability-payments

responsibility smithson7 heron

shared by hcps-heroncj on 01 Feb 15 - No Cached
  • Since 2003, there's been a 29% jump in Americans with little or no work experience getting disability payments, according to the Social Security Administration. Over the same time, there's been a 44% increase in disability claims by people formerly in the workplace.
  • All told, the federal government spent nearly $250 billion in 2011 paying more than 23 million Americans some type of disability claim.
  • 1 million workers receiving private disability insurance.
  • ...4 more annotations...
  • "With every recession, we see a rise in the number of applicants,"
  • During the 2001 recession, disability claims from those who used to have a steady job shot up 13%
  • soldiers are ten times as likely to survive today's wars, according to the Veterans Administration. But soldiers often come home with severe injuries.
  • The recent decision to recognize post traumatic stress disorder as a disability has also lifted the number of benefits claims.
  • hcps-grahamla on 01 Feb 15
     
    "All told, the federal government spent nearly $250 billion in 2011 paying more than 23 million Americans some type of disability claim. That's about 7% of the overall population, and 16% of the workforce." This article is mainly about the rise of disability and why it is happening. It provides information about the amount of people receiving disability claims, when money for these claims may run out, what actions will be taken when it does, and the influence of the recession on the amount of people with a disability to work.
  • hcps-heroncj on 02 Feb 15
     
    This article describes the rapid growth of disability claims and payments despite many advances in medicine and technologies in other fields. The article also contains statistical examples of how this is affecting the economy. 
hcps-heroncj

Equal Opportunity, Our National Myth - NYTimes.com - 2 views

opinionator.blogs.nytimes.com/...-opportunity-our-national-myth

education smithson7 heron

shared by hcps-heroncj on 02 Feb 15 - No Cached
  • The Great Divide is a series on inequality — the haves, the have-nots and everyone in between — in the United States and around the world, and its implications for economics, politics, society and culture.
  • According to research from the Brookings Institution, only 58 percent of Americans born into the bottom fifth of income earners move out of that category, and just 6 percent born into the bottom fifth move into the top.
  • what extent the life chances of a child are dependent on the education and income of his parents.
  • hcps-heroncj on 02 Feb 15
     
    "The gap between aspiration and reality could hardly be wider. Today, the United States has less equality of opportunity than almost any other advanced industrial country. Study after study has exposed the myth that America is a land of opportunity." This article explains how and why our country has lost one of the things that it prized the most, equal opportunity. With many examples this article goes into detail on just how wide the gap has become, and how the rags to riches American dream has burned to the ground. 
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