Thursday, July 12, 2012

The "Demographic Time Bomb" Charts

That's what Mike Shedlock calls these beauts:

Here is a chart from reader Tim Wallace showing social security and disability stats for June of 2012 compared to June in prior years.

Chart shows those receiving benefits. Those not in the labor force claiming a disability is much higher.

...Here is one final chart to ponder... Social Security Benefits in Dollars

As of May 2012, the outlays are $756.9 billion annualized. Fewer worker relatively speaking, support more and more recipients with exponentially growing payments. This is supposed to work?

And if anyone reading this thinks these paths are sustainable, you must be mentally impaired (for which I'm truly sorry). Or a misguided Democrat.

Perhaps the latter is treatable through regular exposure to Mark Levin podcasts. Perhaps.